Driving Indonesian Bank Growth Opportunities: Does Gender Diversity Fulfill Sustainable Development Goals? Rosma Pakpahan(a*) , Destian Arshad Darulmalshah Tamara(a), Setiawan(a), Humam Muhyidin(a)
a) Department of Accounting, Politeknik Negeri Bandung, Jl. Gegerkalong Hilir, Kotak Pos 1234, Bandung, Indonesia
*rosma.pakpahan[at]polban.ac.id
Abstract
This study evaluates the influence of gender diversity in the board of directors, board of commissioners, and audit committee on the growth opportunities of banks listed on the Indonesia Stock Exchange. This quantitative research uses a sample of data from the 2013-2022 period, comprising 390 observations. The analysis showed that gender diversity in the board of directors (-0.226, p = 0.000) and board of commissioners (-0.075, p = 0.069) had a significant negative influence on growth opportunities, while diversity in the audit committee was not significant (-0.052, p = 0.153). These results indicate that an increase in the number of women in certain leadership positions can reduce the bank^s growth opportunities. This research emphasizes the importance of effective gender diversity management through training and inclusive policies to support sustainable growth in line with the Sustainable Development Goals (SDGs). Further research is needed to understand the optimization of gender diversity in the context of Indonesia^s banking industry.
Keywords: Bank Growth Opportunities- Gender Diversity- Sustainable Development Goals
