Abstract
Our study examines the relationship between gender diversity and financial performance of Sri Lankan microfinance institutions (MFIs). The OLS regression, fixed effect and random effect models are used to analyse an unbalanced panel data comprising 300 firm-year observations over the period 2007 to 2012. Our findings reveal that the institutions with female directors on the board have a significant negative effect on main financial performance but a significant positive relationship with the female CEOs and female chairpersons. We also find no significant relation between women leaders, operating cost and portfolio at risk 30 days of MFIs. This research provides insight for policy-makers regarding gender diversity on boards in Sri Lankan MFIs.
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 callMore From: International Journal of Gender Studies in Developing Societies
Disclaimer: 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.
