|dc.description.abstract||This study examined the relationship between Board diversity and financial performance of
commercial banks registered and domiciled in Kenya. Data on Boards’ gender, educational
qualifications, study specialization, and board specialization as well as the companies’ financial
performance were obtained from the central Bank of Kenya supervisory department where a total
of33banks reports was attained.
This study used descriptive and explanatory designs that involved gathering data that described
the events and then organized, tabulated, depicted and described the data collected. Only
secondary data was used.
Using the Ordinary Least Squares (OLS) regression, the results show that there is very minimal
association between board diversity and financial performance.
The results partially concurred with agency and resource dependency theories of corporate
governance as well as similar empirical studies. Ensuing implications for theory, policy and
practice as well as methodology were also discussed||en