Year: 2026
Type: article
Abstract: This study explores the impact of gender diversity on risk management within the corporate governance framework in the banking sector. Utilizing panel data from 49 U.S. banks listed in the NASDAQ 100 Financial Index between 2010 and 2022, the research investigates the relationship between female representation at the board and executive levels and key risk indicators (non-performing loans, loan loss provisions, total capital adequacy ratio). The study models the ratio of women on boards (WOB) and the number of female executives (NOFE) as key variables, employing advanced panel data techniques (e.g., CSD, PCSE) to account for cross-sectional dependence and heterogeneity. Findings reveal that NOFE has a more consistent and statistically significant risk-reducing effect, while WOB’s impact varies across banks. These results suggest that gender diversity enhances risk governance capacity not only as an ethical imperative but as a concrete strategic asset. The study underscores the critical importance of empowering women in decision-making roles in banking to reinforce financial stability and provides significant insights for policymakers and industry leaders
Authors: Sinan Gülençer, Burcu Gürol
Institutions: Eskişehir Osmangazi University, Başkent University
Language: Turkish
Subfield: Gender Studies
Field: Social Sciences
Domain: Social Sciences
Open Access status: bronze
OpenAlex ID: W7140573333