In Malaysia, the number of women directors on corporate boards has slowly growing and improved. The ‘30% Club’ introduced by Datuk Seri Najib Tun Abdul Razak, the Prime Minister of Malaysia, is an initiative to increase the presence of women directors on the corporate boards. However, this aspiration is still far away to be achieved. As the growing numbers of literature acknowledged the importance of women directors in enhancing the company’s performance, either financially or non-financially, the number of women directors apparently is still minimal on the board’s seats. Not only women boards are minority in terms of number, but their significant contributions are also still controversially debated. Due to that concern, this study was conducted to strongly emphasize the importance of women directors by making known a few significant contributions that have the ability to enhance the company’s financial performance. Adopting a quantitative approach, a likert-scale questionnaire was constructed and distributed to 200 identified samples using the purposive sampling method. Data received from the questionnaire were then tested and analyzed using the Statistical Software SPSS (Version 22.0) in order to see the goodness of the data and to test the relationship between women directors’ contributions and the company’s financial performance. Overall, the results revealed that women directors do have their influence over the company’s financial performance. Thus, having more women on corporate boards was considered essential as their presence can make the company to be financially stronger. The relationships of all the independent variables were tested and the outcome showed that the corporate social responsibility was found to have a significant positive relationship with the company’s financial performance, the dependent variable. Lastly, the multiple regression analysis was conducted and finding showed that the most significant contribution of women directors towards company’s financial performance was also the corporate social responsibility. The researcher believes that the findings and recommendations of this study are able to contribute a significant impact to the research area.
