Building Resilience: How Board Gender Diversity and Top Executive Gender Affect Company Leverage

Valdonė Darškuvienė; Roberta Miliūnė; Siuzana Ščerbina-Dalibagienė

doi:10.2478/mosr-2025-0011

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Building Resilience: How Board Gender Diversity and Top Executive Gender Affect Company Leverage

Management of Organizations: Systematic Research

Volume 94 (2025): Issue 1 (December 2025)

By: Valdonė Darškuvienė, Roberta Miliūnė and Siuzana Ščerbina-Dalibagienė

Open Access

|Apr 2026

Abstract

The study examines the association between board gender diversity, top executive gender and financial leverage as a source of financial flexibility to support building company resilience in anticipation of crises and downturns. The study is based on listed companies in the Nordics and Baltics.

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Articles in this issue

DOI: https://doi.org/10.2478/mosr-2025-0011 | Journal eISSN: 2335-8750 | Journal ISSN: 1392-1142

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Language: English

Page range: 67 - 82

Submitted on: Nov 30, 2025

Accepted on: Dec 30, 2025

Published on: Apr 1, 2026

Published by: Vytautas Magnus University, Faculty of Economics and Management

In partnership with: Paradigm Publishing Services

Publication frequency: 2 issues per year

Keywords:

board,

gender diversity,

CEO,

leverage,

resilience

Related subjects:

Business and economics,

Business management,

Marketing, sales, customer relations,

Management, organization, corporate governance,

Business development, change management, cooperation,

Human resources, labor practice, job and career

© 2026 Valdonė Darškuvienė, Roberta Miliūnė, Siuzana Ščerbina-Dalibagienė, published by Vytautas Magnus University, Faculty of Economics and Management
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Volume 94 (2025): Issue 1 (December 2025)