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Do women on boards affect employee benefits? Evidence from the global microfinance industry

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  • Mia, Md Aslam

Abstract

By utilizing data of 2,964 microfinance institutions (MFIs), our study investigated the nexus between female board members and employee benefits. The findings showed that a higher proportion of female board members has a significant positive effect on the employee benefits.

Suggested Citation

  • Mia, Md Aslam, 2022. "Do women on boards affect employee benefits? Evidence from the global microfinance industry," Economics Letters, Elsevier, vol. 210(C).
    • Handle: RePEc:eee:ecolet:v:210:y:2022:i:c:s0165176521004481
    DOI: 10.1016/j.econlet.2021.110194
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    References listed on IDEAS

    as
    1. Adusei, Michael & Obeng, Emmanuella Yaa Takyiwah, 2019. "Board gender diversity and the capital structure of microfinance institutions: A global analysis," The Quarterly Review of Economics and Finance, Elsevier, vol. 71(C), pages 258-269.
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    3. Rachana Vishwakarma, 2017. "Women on Board and its Impact on Performance: Evidence from Microfinance Sector," Indian Journal of Corporate Governance, , vol. 10(1), pages 58-73, June.
    4. Renée B. Adams & Patricia Funk, 2012. "Beyond the Glass Ceiling: Does Gender Matter?," Management Science, INFORMS, vol. 58(2), pages 219-235, February.
    5. Niels Hermes & Marek Hudon, 2018. "Determinants Of The Performance Of Microfinance Institutions: A Systematic Review," Journal of Economic Surveys, Wiley Blackwell, vol. 32(5), pages 1483-1513, December.
    6. Raheel Gohar & Amna Batool, 2015. "Effect of Corporate Governance on Performance of Microfinance Institutions: A Case from Pakistan," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 51(S6), pages 94-106, November.
    7. Adusei, Michael, 2019. "Board gender diversity and the technical efficiency of microfinance institutions: Does size matter?," International Review of Economics & Finance, Elsevier, vol. 64(C), pages 393-411.
    8. Adams, Renée B. & Ferreira, Daniel, 2009. "Women in the boardroom and their impact on governance and performance," Journal of Financial Economics, Elsevier, vol. 94(2), pages 291-309, November.
    9. Md. Ali Rasel & Sandar Win, 2020. "Microfinance governance: a systematic review and future research directions," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 47(7), pages 1811-1847, April.
    10. Roberta Provasi & Murad Harasheh, 2021. "Gender diversity and corporate performance: Emphasis on sustainability performance," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(1), pages 127-137, January.
    11. Hermes, Cornelis & Hudon, M., 2018. "Determinants of the Performance of Microfinance Institutions: A Systematic Review," Research Report 2018008, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Corporate governance; Employee benefits; Female board members; Gender diversity; Microfinance institutions;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship

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