Does the Gender of a Bank’s President Have an Effect on Financial Performance? A Case Study of Poland’s Cooperative Bank Sector

Abstract

This study endeavours to determine Poland's cooperative banking sector's effectiveness based on the board of directors' president's gender. The examination indicated that in the case of Polish co-op banks, women fulfilled the function of bank president in smaller banks than did men. The volume of clients, members, general assets and equity in banks managed by men were generally more than double than the same values in banks managed by women. However, the effectiveness of the examined co-op banks managed by women was decidedly better with regard to RoA, RoE, net profits, cost/income ratio and non-performing loans indicator, than those banks under male management. in addition, by applying advanced statistical modelling, confirmed was that the gender of a co-op bank board of directors' president had significant influence on the bank's effectiveness and when that position was held by a woman, this circumstance had a positive effect on the bank's condition.

Corporate governance determinants of asset quality in an emerging economy: evidence from Indian banks

“…Women's participation in banks can improve their efficacy in monitoring and assessing efficiency (Karnatak, 2019). The results are also replicated by Balina (2017). Owen and Temesvary (2018) state that the positive effect on boards is limited to wellcapitalised banks.…”

“…The results, too, indicate that gender diversity improves asset quality. Most studies like those of Karnatak (2019), Skała and Weill (2018) and Balina (2017) also favour the presence of women in bank boards. Karnatak (2019) lists out qualities possessed by women, such as being risk-averse, diligent and ethical, which act to their advantage.…”

Triple Bottom Line: The Pillars of CSR

“…Indeed, diversity can only improve the situation of the company, as various employees with various backgrounds bring a fresh look to the company that can result in advanced growth. The outcomes of increasing diversity of managing boards may be used an example to support such an observation (Hernik, 2014, Balina, 2016Hernik andMinguez-Vera, 2016, Hernik andMinguez-Vera, 2017). It is worth mentioning that the image the company presents to the local society is crucial to its position against the competitors.…”