 Does gender diversity affect financial strength differently in conventional and Islamic banks? Evidence from MENA countriesAbdullah A. Aljughaiman, Ngan Duong Cao, Vu Quang Trinh, Mohammed Albarrak and Xuan Vinh Vo Pacific-Basin Finance Journal, 2023, vol. 80, issue C Abstract: This study examines the effect of board gender diversity (i.e., the presence of female directors on the board) on the overall bank's financial strength. We also investigate the association on a dual-banking system consisting of conventional and Islamic banks internationally. We employ a scenario-based multi-criteria approach to measure the bank overall financial strength index conceptualizing five bank financial criteria that derived from the CAMEL framework (i.e., acronym stands for “Capital adequacy, Asset quality, Management, Earnings, Liquidity, and Sensitivity”). Using an international sample, we find that more gender diversity in the boardroom is associated with stronger financial health positions across both bank types. Our results imply that even though Islamic banks face additional agency costs, the role of female members in the boardroom is still similar. Our findings provide supporting evidence for recruiting females to serve on boards in the dual-banking industry. Keywords: Board gender diversity; Corporate finance; Commercial banks; Islamic banks (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:pacfin:v:80:y:2023:i:c:s0927538x2300166x DOI: 10.1016/j.pacfin.2023.102095 Access Statistics for this article Pacific-Basin Finance Journal is currently edited by K. Chan and S. Ghon Rhee More articles in Pacific-Basin Finance Journal from Elsevier |
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