Board Gender Diversity, Bank Risk and Performance: Evidence from Vietnam

Abstract

The focus of this article is on the correlation between board diversity, financial performance, and risk. In particular, the study examines the presence of female and foreign directors on corporate boards. The research uses a sample of 15 Vietnamese listed banks during 2014-2020. The findings indicate that the number of female directors on boards does not have a significant relationship with bank performance or risk. Additionally, the study reveals a negative relationship between the presence of foreign directors and bank risk.