Abstract
This paper examines empirically the relationship between corporate board diversity and the performance of Microfinance Institutions (MFIs). The study uses a panel data set of 52 Microfinance Institutions in Ghana covering the ten year period 1995 - 2004. Analysis is done within the Panel Data GLS-Random Effect framework. Though, generally mixed results are found with regard to the broad corporate governance variables, the study shows that having women CEOs on MFI boards enhance performance and also the more women there are on a board, the better the performance. Thus, findings of the study suggest that board diversity through inclusion of women is important for enhanced performance of MFIs.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
