Do women on boards affect employee benefits? Evidence from the global microfinance industry

By utilizing data of 2,964 microfinance institutions (MFIs), our study investigated the nexus between female board members and employee benefits. The findings showed that a higher proportion of female board members has a significant positive effect on the employee benefits. •We investigate the relat...

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Veröffentlicht in:Economics letters 2022-01, Vol.210, p.110194, Article 110194
1. Verfasser: Mia, Md Aslam
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description By utilizing data of 2,964 microfinance institutions (MFIs), our study investigated the nexus between female board members and employee benefits. The findings showed that a higher proportion of female board members has a significant positive effect on the employee benefits. •We investigate the relationship between female board members and average employee benefits of MFIs.•Gender diversity in the boardroom increases employees’ average financial benefits.•The size of MFIs has a beneficial impact on average employee benefits.•Higher operational self-sufficiency of MFIs does not necessarily imply better average employee benefits.
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subjects Benefits
Boards of directors
Corporate governance
Employee benefits
Female board members
Gender diversity
Microfinance
Microfinance institutions
Women
Workplace diversity
title Do women on boards affect employee benefits? Evidence from the global microfinance industry
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