英文摘要 |
The issue of gender diversity of corporate boards has gained its popularity in comparative laws. Countries including the United States, European Union, France, Netherland, Germany, and Spain have enacted board diversity laws in recent years. In contrast, Taiwan currently holds the encouraging view and has not yet mandatorily required corporate boards to be comprised of a certain quota of female directors. That said, there remain heated theoretical debates as to whether to statutorily require corporate boards or managements to meet a specific rate of gender diversification, which calls for empirical evidence. Thus, this paper, based on the data of Taiwanese banks from 2011 to 2020, employs statistical analyses to empirically investigate the correlation between bank performances and female participations of bank management as directors, independent directors, chairpersons, and CEOs. The investigation result indicates that, among different forms of management participations of females, banks with more female directors do not present significantly positive bank performances. In contrast, banks with more female independent directors, female chairpersons or female CEOs sometimes present significantly positive correlations with banks’ present or future performances. The study results illustrated in this paper may serve as a useful reference to assist Taiwan to consider the prioritized aspects while promoting corporate management diversity in the future. |