Female top managers and firm performance
This paper uses firm-level data worldwide to investigate productivity gaps between female and male-managed companies in developing and developed countries and compare the outcomes obtained for different regions in the world. The main aim is to shed some light on the debate around the existence of pe...
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Format: | Article |
Language: | English |
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Public Library of Science (PLoS)
2023-01-01
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Series: | PLoS ONE |
Online Access: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9931137/?tool=EBI |
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author | Inmaculada Martínez-Zarzoso |
author_facet | Inmaculada Martínez-Zarzoso |
author_sort | Inmaculada Martínez-Zarzoso |
collection | DOAJ |
description | This paper uses firm-level data worldwide to investigate productivity gaps between female and male-managed companies in developing and developed countries and compare the outcomes obtained for different regions in the world. The main aim is to shed some light on the debate around the existence of performance differences when females participate in managerial activities. The main results indicate that it is crucial to distinguish between female management and female ownership and the confluence between both. We find that when the firms have a top female manager and ownership is exclusively male, firms show higher average labor productivity. We argue that firms owned by males belong to male-dominated corporate culture and would only select a female manager if she is more competent than potential male candidates. These results are very heterogeneous among regions, of which South Saharan Africa, East Asia, and South Asia are driving the main results. |
first_indexed | 2024-04-10T09:34:12Z |
format | Article |
id | doaj.art-5d56363b96ae4dd8bcdf36281fc9e39e |
institution | Directory Open Access Journal |
issn | 1932-6203 |
language | English |
last_indexed | 2024-04-10T09:34:12Z |
publishDate | 2023-01-01 |
publisher | Public Library of Science (PLoS) |
record_format | Article |
series | PLoS ONE |
spelling | doaj.art-5d56363b96ae4dd8bcdf36281fc9e39e2023-02-18T05:31:33ZengPublic Library of Science (PLoS)PLoS ONE1932-62032023-01-01182Female top managers and firm performanceInmaculada Martínez-ZarzosoThis paper uses firm-level data worldwide to investigate productivity gaps between female and male-managed companies in developing and developed countries and compare the outcomes obtained for different regions in the world. The main aim is to shed some light on the debate around the existence of performance differences when females participate in managerial activities. The main results indicate that it is crucial to distinguish between female management and female ownership and the confluence between both. We find that when the firms have a top female manager and ownership is exclusively male, firms show higher average labor productivity. We argue that firms owned by males belong to male-dominated corporate culture and would only select a female manager if she is more competent than potential male candidates. These results are very heterogeneous among regions, of which South Saharan Africa, East Asia, and South Asia are driving the main results.https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9931137/?tool=EBI |
spellingShingle | Inmaculada Martínez-Zarzoso Female top managers and firm performance PLoS ONE |
title | Female top managers and firm performance |
title_full | Female top managers and firm performance |
title_fullStr | Female top managers and firm performance |
title_full_unstemmed | Female top managers and firm performance |
title_short | Female top managers and firm performance |
title_sort | female top managers and firm performance |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9931137/?tool=EBI |
work_keys_str_mv | AT inmaculadamartinezzarzoso femaletopmanagersandfirmperformance |