The Effect of Gender Differences on Corporate Performance of Commercial Banks in Kenya
In Kenyan commercial banks, the representation of women in key management roles remains low in spite of the high percentage of women employed in the sector. This paper aims at presenting the findings of a study carried out to establish the effect of gender differences in leadership on the performance of commercial banks in Kenya. The study employed descriptive survey design. Quantitative and qualitative data from bank managers and employees was collected, using questionnaires and key informant interviews. The population comprised all employees of six banks chosen purposively. The six banks were the three best performing banks and the three least performing banks. A sample of 125 staff was chosen through purposive sampling method. Reliability of the research instrument was tested against Cronbach’s alpha coefficient, where an overall reliability score of 0.734 was achieved while validity was gauged through research experts’ opinions. Data was analysed using both descriptive and inferential statistics. The findings established that there exists a significant effect of gender difference on corporate performance of commercial banks in Kenya (r = 0.48, p<0.05); therefore, banks must look into ways of ensuring that all employees are given equal opportunity to progress and develop their careers. These findings would provide important insights that could be valuable, in both, advocating for gender equality and policy formulation.