In order to fill up the significant inadequacy of literature on the role of female executives’ within Chinese enterprises, the book, for the first time, systematically investigates both the negative and positive consequences of female executives’ participation in corporate governance under the background of China, with the theoretical purpose of identifying the roles of female executives in corporate governance practices, and the practical purpose of making full use of the positive effects of female executives’ participation, while minimizing the potential negative consequences of female executives’ participation. Specifically, the book respectively reveals the direct effects of female executives on financial performance, social responsibility performance, accounting conservatism, cash holdings and competitive strategy, and explores the indirect moderation effects of female executives on CEO power and staff turnover.