The Impact of Gender Based Board Diversity on Corporate Performance: Case Study of Zb Bank · Electronic Theses and Dissertations

Author

Tinotenda Nyuke

Title

The Impact of Gender Based Board Diversity on Corporate Performance: Case Study of Zb Bank

Abstract

This dissertation explores the impact of gender-based board diversity on corporate performance at Zb Bank. The primary objectives were to determine the extent to which gender diversity influences decision-making, risk management, operational efficiency, innovation, and employee satisfaction within the organization. Additionally, the study aimed to identify barriers to achieving gender diversity and provide recommendations to enhance board diversity. To achieve these objectives, a mixed-methods approach was employed. Qualitative data were collected through interviews with board members and senior executives to gain in-depth insights into the perceived benefits and challenges of gender diversity. Additionally, a quantitative survey using structured questionnaires was conducted with a broader sample of employees and stakeholders to gather data on their experiences and perceptions regarding board diversity at ZB Bank. Key findings from the study reveal a positive correlation between gender diversity on the board and enhanced corporate performance. Gender-diverse boards were found to improve decision-making processes, risk management strategies, operational efficiency, and innovation. The inclusion of women on the board also contributed to higher levels of employee satisfaction and retention. However, several barriers to achieving gender diversity were identified, including organizational culture, gender bias, and a lack of mentorship opportunities for women. Based on these findings, the study makes several recommendations for ZB Bank to enhance gender diversity on its board. These include implementing clear gender diversity policies, fostering an inclusive board culture, developing mentorship and sponsorship programs for women, addressing organizational culture and gender biases, regularly monitoring and reporting diversity metrics, revising boa8rd recruitment strategies, and introducing flexible work policies. Future research suggestions include conducting longitudinal studies to observe the long-term effects of gender diversity, expanding research to include multiple sectors, investigating broader diversity dimensions, studying the impact of gender diversity on corporate culture, and employing both quantitative and qualitative methods for a comprehensive analysis. This study contributes to the growing body of literature on the strategic advantages of gender diversity in corporate governance and provides practical recommendations for organizations aiming to enhance their board diversity.

Date

2024

Publisher

BUSE

Keywords

Zb bank

Gender Based Board Diversity

Supervisor

N/A