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ABSTRACT
Examining the causal association between board diversity and business performance in Nigeria is the primary goal of this research project. The explanatory variables include the diversity of board financial expertise, board ethnicity, board age, and board gender. Enterprise Value Added (EVA), which was utilised to measure business performance, is the dependent variable. With the help of eviews 8.0, the statistical approach of descriptive statistics, correlation analysis, and regression technique was utilised to evaluate the data in order to meet the research purpose. The f-statistics' overall significance demonstrates that board diversity has an impact on firm performance. In Nigeria, there was a positive correlation between board diversity in terms of gender, age, and financial expertise. While business performance in the study period was negatively correlated with board ethnic diversity. The study was required in order to better understand corporate governance dynamics and how they affect firms in Nigeria. The study came to the conclusion that board diversity has a major impact on firm performance and prioritised the need for businesses to take these factors into account in order to provide insightful information to policymakers and stakeholders looking to improve corporate performance in the region.
