Female directors boost CSR disclosure in Bangladesh banking sectors, study finds.
The study looked at how banks in Bangladesh talk about their social responsibility in their annual reports. They found that the amount of social responsibility information shared by banks varied from 11.11% to 73.33%, with an average of 45.37%. Having more female directors on the board was linked to more social responsibility disclosure. However, the size of the board didn't seem to make a difference. Having more independent directors on the board was also linked to more social responsibility disclosure. This study helps us understand how the makeup of a bank's board can affect how they talk about their social responsibilities.