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Article

Gender Diversity in Spanish Banks: Trickle-Down and Productivity Effects

1
Department of Management and Marketing, Faculty of Economics and Business, Complutense University of Madrid, Campus de Somosaguas, 28223 Madrid, Spain
2
Department of Management and Marketing, Faculty of Commerce and Tourism, Complutense University of Madrid, Av. Filipinas 3, 28003 Madrid, Spain
*
Author to whom correspondence should be addressed.
Sustainability 2020, 12(5), 2113; https://doi.org/10.3390/su12052113
Received: 10 January 2020 / Revised: 28 February 2020 / Accepted: 2 March 2020 / Published: 9 March 2020
The study of the gender composition of top management and its impact for organizations has received increasing attention during recent decades. Despite this, findings have been conflicting and few consistent conclusions have been reached. This paper uses panel data methods to study how the presence of women at the board of governance impacts gender diversity at different organizational levels in the Spanish banking sector. In addition, we explore the influence of female representation on employee productivity. Our findings show that the presence of one or two women at the board of directors benefits the advancement of women to managerial positions. We also identify a positive significant relationship between gender diversity at different organizational strata and productivity. The main conclusion of this research is that female representation at the board has relevant implications in terms of women being promoted and organizational outcomes. This contribution is relevant for both scholars and practitioners, as it explores the business case for gender diversity going beyond the upper echelons of organizations. View Full-Text
Keywords: banks; governance; gender diversity; productivity; panel data; Spain; value in diversity perspectives banks; governance; gender diversity; productivity; panel data; Spain; value in diversity perspectives
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MDPI and ACS Style

Delgado-Piña, M.I.; Rodríguez-Ruiz, Ó.; Rodríguez-Duarte, A.; Sastre-Castillo, M.Á. Gender Diversity in Spanish Banks: Trickle-Down and Productivity Effects. Sustainability 2020, 12, 2113. https://doi.org/10.3390/su12052113

AMA Style

Delgado-Piña MI, Rodríguez-Ruiz Ó, Rodríguez-Duarte A, Sastre-Castillo MÁ. Gender Diversity in Spanish Banks: Trickle-Down and Productivity Effects. Sustainability. 2020; 12(5):2113. https://doi.org/10.3390/su12052113

Chicago/Turabian Style

Delgado-Piña, María I., Óscar Rodríguez-Ruiz, Antonio Rodríguez-Duarte, and Miguel Á. Sastre-Castillo 2020. "Gender Diversity in Spanish Banks: Trickle-Down and Productivity Effects" Sustainability 12, no. 5: 2113. https://doi.org/10.3390/su12052113

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