THE ROLE OF FEMALE CEOS IN SHAPING ESG IN THEIR CORPORATE CULTURE. ANALYSIS OF RELATION OF FEMALE CEOS AND TAX PERFORMANCE OF THE FIRM BASED ON THE WORLD ENTERPRISE SURVEY IN THE CASE OF CENTRAL ASIAN COUNTRIES

Abstract

The importance of female leadership in making corporate change has taken a considerable turn over the last few decades, in particular, among emerging markets which focus their business practices on social and economic outcomes

With this in mind, Central Asian countries are considered to be not so ‘traditional’ in their economic and societal frameworks which are not so welcome to female CEOs, making the process of gender equality at workplace grow slowly in those countries

This paper discusses the correlation of female CEOs and their influence on two key variables-tax compliance and female employment rate. These variable are driving makers within the Environmental, Social, and Governance (ESG) framework, pointing out the diversity in the workplace and ethics of governance practices