TY - JOUR
T1 - Exploring the effect of gender diversity in MFIs during turbulent periods
AU - Pedrini, Matteo
PY - 2018
Y1 - 2018
N2 - Gender diversity is generally recognized as relevant in microfinance, and the relationship between gender diversity and firms’ performance has received attention in academic literature. The above-mentioned relationship has not been addressed until now in the microfinance industry specifically. This study seeks to explain the role played by gender diversity in the workforce of microfinance institutions (MFIs) during turbulent periods in the firms’ performance. The study analyses data from 555 ratings of 185 MFIs from MicroFinanza Rating, a leading microfinance rating agency. The analysis shows that the number of women on the staff of MFIs is significantly and positively associated with both the Return on Equity and Operational Self-Sufficiency of MFIs, indicating a positive impact of gender diversity on firms’ performance.
AB - Gender diversity is generally recognized as relevant in microfinance, and the relationship between gender diversity and firms’ performance has received attention in academic literature. The above-mentioned relationship has not been addressed until now in the microfinance industry specifically. This study seeks to explain the role played by gender diversity in the workforce of microfinance institutions (MFIs) during turbulent periods in the firms’ performance. The study analyses data from 555 ratings of 185 MFIs from MicroFinanza Rating, a leading microfinance rating agency. The analysis shows that the number of women on the staff of MFIs is significantly and positively associated with both the Return on Equity and Operational Self-Sufficiency of MFIs, indicating a positive impact of gender diversity on firms’ performance.
KW - Microcredit
KW - Microcredit
UR - http://hdl.handle.net/10807/86413
U2 - 10.1080/09585192.2016.1246460
DO - 10.1080/09585192.2016.1246460
M3 - Article
SN - 0958-5192
VL - 29
SP - 2455
EP - 2481
JO - International Journal of Human Resource Management
JF - International Journal of Human Resource Management
ER -