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Banking disclosure and banking crises in Africa: does board gender diversity play a role?

Author

Listed:
  • Daniel Ofori-Sasu

    (University of Ghana Business School
    Central University)

  • Maame Ofewah Sarpong

    (ISSER, University of Ghana)

  • Vivian Tetteh

    (Data Link Institute of Business and Technology)

  • Baah Aye Kusi

    (Central University)

Abstract

The paper aims to investigate the impact of board gender diversity in explaining the relationship between bank disclosure and the predicted probability of banking crises in Africa. The study employs robust panel estimates based on an aggregate dataset of banks in 42 African countries over the 2006–2018 periods. From the study, board gender diversity (more women on boards and the presence of women on boards) has a positive impact on information disclosure of banks. We find that board gender diversity and bank disclosure have the possibility of reducing a banking crisis. We observe that board gender diversity enhances the reductive effect of bank disclosure on a predicted probability of a banking crisis. The implication is that women on boards provide prudent decisions on financial information disclosure that significantly reduce the possibility of a banking crises in order to ensure stable banking systems.

Suggested Citation

  • Daniel Ofori-Sasu & Maame Ofewah Sarpong & Vivian Tetteh & Baah Aye Kusi, 2022. "Banking disclosure and banking crises in Africa: does board gender diversity play a role?," Palgrave Communications, Palgrave Macmillan, vol. 9(1), pages 1-10, December.
    • Handle: RePEc:pal:palcom:v:9:y:2022:i:1:d:10.1057_s41599-021-01019-x
    DOI: 10.1057/s41599-021-01019-x
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    Cited by:

    1. Aolin Leng & Fuli Kang, 2022. "Impact of two-child policy on female employment and corporate performance: Empirical evidence from Chinese listed companies from 2010 to 2020," Palgrave Communications, Palgrave Macmillan, vol. 9(1), pages 1-13, December.
    2. Prosper Lamothe & Enrique Delgado & Miguel A. Solano & Sergio M. Fernández, 2024. "A global analysis of bank profitability factors," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-12, December.

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