ABSTRACT

This study examines the association between U.S. banks’ corporate board gender and ethnic ownership diversity, focusing on cultural gender norms relating to female leadership positions. Utilizing Federal Deposit Insurance Corporation (FDIC) Call Report and Summary of Deposit (SOD) data for 30 June 2018 and American Community Survey data for 2017, we analyze 136 Minority Depository Institutions (MDIs) and their matching sample of mainstream banks in the U.S. We find differential effects on both the gender composition of MDI corporate boards and the probability of having female members on corporate boards depending on the ethnic diversity of bank ownership. Black-owned banks show a strong positive impact, while Hispanic-owned banks show a strong negative impact, regarding board gender diversity, relative to mainstream banks. These results demonstrate the relationship between cultural gender norms and female leadership access across different ethnicities in the U.S. banking industry.

摘要

本研究考察了美国银行的公司董事会性别与种族所有权多样性之间的关联，重点关注与女性领导职位相关的文化性别规范。利用 2018 年 6 月 30 日的联邦存款保险公司 (FDIC) 调用报告和存款摘要 (SOD) 数据以及 2017 年美国社区调查数据，我们分析了 136 家少数存款机构 (MDI) 及其在美国主流银行的匹配样本根据银行所有权的种族多样性，发现对 MDI 公司董事会的性别构成和公司董事会中有女性成员的可能性的不同影响。相对于主流银行，黑人拥有的银行表现出强烈的积极影响，而西班牙裔拥有的银行在董事会性别多样性方面表现出强烈的负面影响。