Vol. 20 No. 2 (2025): Special Issue 2 Printed Edition
Articles

Gender Diversity and Financial Performance in Small Banks of Eastern Europe

Ivana Markovic, Assistant Manager, Balkan Banking Group, Serbia
Assistant Manager, Balkan Banking Group, Serbia.

Published 2025-10-29

Abstract

This research investigates the relationship between gender diversity in management teams and financial performance in small banks in Eastern Europe. Using financial data and diversity metrics from Serbian and Croatian banks, the study finds a positive correlation between inclusive leadership and profitability, risk management, and corporate governance. The paper advocates for policies encouraging gender diversity to enhance organizational effectiveness and social equity.