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Existence of gender inequality in the issue of corporate governance in the banking sector and in companies in Kazakhstan

Author

Listed:
  • Zhuldyz Bekpayeva
  • Nina Nikiforova
  • Lyailya Zhakypbek
  • Sanim Zhanbyrbayeva

Abstract

This study investigates the impact of gender diversity on corporate governance in Kazakhstan?s banking sector. The absence of a unified global model emphasizes the importance of national approaches. Effective governance enhances efficien-cy, reduces risks, and promotes growth, particularly when boards include diverse skills and perspectives. Based on surveys and past studies, the research highlights gender inequality in governance. Findings show that gender diversity boosts finan-cial performance, reduces fraud, increases employee and customer satisfaction, and strengthens sustainability. The study confirms that diverse boards uphold higher environmental and social standards, leading to better transparency, profita-bility, and ethical compliance.

Suggested Citation

  • Zhuldyz Bekpayeva & Nina Nikiforova & Lyailya Zhakypbek & Sanim Zhanbyrbayeva, 2024. "Existence of gender inequality in the issue of corporate governance in the banking sector and in companies in Kazakhstan," RIVISTA DI STUDI SULLA SOSTENIBILITA', FrancoAngeli Editore, vol. 0(2), pages 325-343.
  • Handle: RePEc:fan:rissri:v:html10.3280/riss2024-002018
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    References listed on IDEAS

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    1. Mohan, Mayoor & Ferguson, Jodie L. & Huhmann, Bruce A., 2022. "Endorser gender and age effects in B2B advertising," Journal of Business Research, Elsevier, vol. 148(C), pages 60-75.
    2. Yvette Sterbenk & Sara Champlin & Kasey Windels & Summer Shelton, 2022. "Is Femvertising the New Greenwashing? Examining Corporate Commitment to Gender Equality," Journal of Business Ethics, Springer, vol. 177(3), pages 491-505, May.
    3. Nguyen, Canh Phuc, 2022. "Uncertainty and gender inequality: A global investigation," The Quarterly Review of Economics and Finance, Elsevier, vol. 86(C), pages 31-47.
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