The Impact Of Female Executives On Bank Risk

The "glass ceiling effect" of gender refers to the phenomenon that women are subject to visible or invisible discrimination in the workplace,which makes women encounter obstacles in the promotion of positions and can only play a non-important role in the workplace.The reason for this phenomenon is that it hinders the traditional understanding of women.On the one hand,most people in the workplace think that women’s role is not in the workplace.Compared with men,they tend to take more responsibilities in the family.On the other hand,women are often positioned as "helpers" in society.They are considered to be weak in corporate strategic decision-making,preferring to pay attention to details and lacking the overall concept.Because women are born with the characteristics of caution,they are too cautious in the workplace and appear to be not confident,which leads to their career development being hindered.These prejudices lead organizations to instinctively think that men are more qualified for senior management positions when appointing senior managers,so they tend to choose men in such positions.In the face of such doubt,this paper attempts to study whether female executives in domestic and foreign banks have a significant inhibitory effect on bank risk,prove the advantages and necessity of women in senior management positions,break the gender ceiling,and help banks establish a sound risk monitoring system.This paper selects the data of listed banks from 2008 to 2021,and uses the value of bank bankruptcy risk Z as the explanatory variable.The explanatory variable is the proportion of bank female executives,the proportion of key female executives,the proportion of non key female executives,the interaction between female education and proportion,and the interaction between female age and proportion.The explanatory variable is the ratio of broad currency M2 to GDP of the current year during the sample period Using bank size,asset liability ratio,capital adequacy ratio,cost income ratio,and non performing loan ratio as control variables,this paper estimates the unbalanced dynamic panel model and analyzes the impact of the proportion of female executives in banks and their background on bank risk.The results show that the proportion of female executives in listed banks in China has a significant inhibitory effect on bank risk,but the educational background and age of female executives have no impact on bank risk.Next,this paper further studies whether there are differences in the impact of female executives on bank risk in different banks.The listed banks are subdivided into large state-owned banks and non-state banks,and the explanatory variables,explanatory variables and control variables remain unchanged.It is concluded that compared with large state-owned banks,female executives in non-state banks are more effective in controlling bank risks.Further,to study whether female executives of foreign listed banks can reduce bank risk,adopt the same research methods as domestic banks,and compare the data,and draw a conclusion that the number of female executives of foreign banks is generally higher than that of domestic banks,and that female executives have a more significant impact on bank risk.Finally,according to the research conclusions of this paper,the paper puts forward relevant policy recommendations for domestic listed banks.The research conclusions of this paper provide theoretical and data support for promoting women’s advancement in the workplace,and provide reference for listed banks to reduce risks and formulate relevant economic policies.