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

Zhuldyz Bekpayeva, Nina Nikiforova, Lyailya Zhakypbek and Sanim Zhanbyrbayeva

RIVISTA DI STUDI SULLA SOSTENIBILITA', 2024, vol. XIV, issue 2, 325-343

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.

Date: 2024
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