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Effect of gender equality on financial stability and financial inclusion

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  • Peterson K. Ozili

Abstract

Purpose - This study aims to examine the effect of gender equality on financial stability and financial inclusion for 14 developing countries using yearly data from 2005 to 2021. Design/methodology/approach - The two-stage least squares regression estimation and the generalized linear model regression estimation were used to investigate the effect of gender equality on financial stability and financial inclusion. Findings - Gender equality has a significant positive effect on financial stability and financial inclusion in developing countries. Gender equality has a significant positive effect on financial stability and financial inclusion in African countries. Gender equality has a significant positive effect on financial stability but not on financial inclusion in non-African countries. Originality/value - Little attention has been paid to the role of gender equality in promoting financial stability and financial inclusion. The authors address this issue in this study.

Suggested Citation

  • Peterson K. Ozili, 2023. "Effect of gender equality on financial stability and financial inclusion," Social Responsibility Journal, Emerald Group Publishing Limited, vol. 20(2), pages 205-223, June.
    • Handle: RePEc:eme:srjpps:srj-12-2022-0565
    DOI: 10.1108/SRJ-12-2022-0565
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    More about this item

    Keywords

    Gender equality; Gender inequality; Financial inclusion; Financial stability; Access to finance; ZSCORE; Bank branches; G21; G28; J16;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination

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