Perryman et al. (2016) study gender diversity, firm performance, risk, and executive compensation. Show how the variables specified in hypothesis 1 and 2 could be displayed in one diagram, which illustrates the independent and dependent variables for each hypothesis. (5 marks)

Reference:

Perryman, AA, Fernando, GD & Tripathy, A 2016, 'Do gender differences persist? An examination of gender diversity on firm performance, risk, and executive compensation', Journal of Business Research, vol. 69, no. 2, pp. 579-86. The references can be