RT Article
T1 Financial Management Effectiveness and Board Gender Diversity in Member-Governed, Community Financial Institutions
JF Journal of business ethics
VO 141
IS 2
SP 351
OP 366
A1 Ward, Anne Marie
A1 Forker, John
A2 Forker, John
LA English
YR 2017
UL https://ixtheo.de/Record/1785660403
AB Although non-profit organisations typically have high representation of females on their boards, relatively little is known about the effects of gender diversity in these organisations particularly in relation to financial management. In this archival study, resource dependency theory and agency analysis are combined to provide theoretical insight and empirical analysis of gender diversity on effective financial management in member-governed, community financial institutions. The investigation is possible due to the unique characteristics of the organisational form and region being examined—credit unions in Northern Ireland. The sector has not been subject to external regulation on board gender, yet a wide array of gender mix on boards ranging from 100 % male to 100 % female are in existence. In addition, effective financial management is crucial to their survival and their ability to meet member objectives. Boards with higher female representation exhibit superior financial management first, in respect of loan book quality in the period of austerity following the financial crisis and second when measured against return on assets.
K1 Resource dependence theory
K1 Non-profits
K1 Governance
K1 Gender diversity
K1 Financial management
K1 Credit unions
K1 Agency
DO 10.1007/s10551-015-2699-9