Gender diversity and sustainability responsiveness: evidence from Nigerian fixed money deposit banks
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LLC “Consulting Publishing Company “Business Perspectives”
Abstract
Description
This paper aims to explore the impact of gender diversity on firms’ sustainability responsiveness
in ensuring collective drive toward achieving sustainable development
goals (agenda) for Nigeria. This study explored female engagement from three major
platforms, namely women as directors, management team leaders, and female workforce.
The data used to conduct this study were derived from the annual reports of
the sampled banks spanning through the period of 2013–2016. However, while data
for this study were analyzed using EViews statistical tool, the sustainability reporting
data were ascertained using the content analysis method. The outcome of this study
depicts that female directors, female workforce, and women in the management team
all had an adverse and positive association with sustainability reporting. However, this
association was all insignificant. This further buttresses that gender diversity was not
the major driving force behind the sustainability reporting of the sampled banks in
Nigeria. This is because the sector is highly regulated. Hence, the study recommends
that notwithstanding the outcome, in attaining the sustainable development goals
(SDGs), there is a need to have more female representation on the strategic position
of authority.
Keywords
H Social Sciences (General), HF Commerce, HF5601 Accounting