Gender Differences and Firm Performance: Evidence from India

IF 1.1 4区经济学 Q3 ECONOMICS

B E Journal of Economic Analysis & Policy Pub Date : 2023-10-16 DOI:10.1515/bejeap-2022-0049

Aditi Roy

引用次数: 0

Abstract

Abstract Despite a growing literature investigating the effect of gender diversity of CEOs and firm performance, the answer is still unclear. This study estimates the effect of gender differences in ownership and Leadership (CEOs) on firm performance simultaneously. The paper exploits a unique data from more than 9000 Indian firms by using fixed effects and propensity score matching techniques. Findings reveal a positive significant effect of female CEOs on firm performance but no definite effect of female owners on firm performance. The effect is more prominent in progressive and high-sex ratio states in India. Third, the evidence suggests potential payoffs to firms that adopt gender-inclusive policies intended to increase the share of female CEOs in India. Results confirm no bias from unobservable covariates.

查看原文本刊更多论文

性别差异与企业绩效:来自印度的证据

尽管越来越多的文献研究ceo性别多样性对公司绩效的影响，但答案仍然不清楚。本研究同时估计了所有权和领导层(ceo)的性别差异对公司绩效的影响。本文利用固定效应和倾向得分匹配技术，从9000多家印度公司中获得了独特的数据。研究发现，女性ceo对企业绩效有显著的正向影响，而女性所有者对企业绩效没有明确的影响。这种影响在印度进步和性别比例较高的邦更为突出。第三，有证据表明，采取旨在增加印度女性首席执行官比例的性别包容性政策的公司可能会获得回报。结果证实不可观测协变量没有偏倚。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

求助全文

约1分钟内获得全文求助全文

来源期刊

B E Journal of Economic Analysis & Policy ECONOMICS-

CiteScore

1.50

自引率

11.10%

发文量

期刊介绍： The B.E. Journal of Economic Analysis & Policy welcomes submissions that employ microeconomics to analyze issues in business, consumer behavior, and public policy. We aim to be an international forum for scholarship, whether the scholarship considers an issue that is general or that pertains to a particular country or region, but authors should bear in mind that our readers come from around the world. Potential issues of interest include: the interaction of firms, the functioning of markets, the effects of domestic and international policy, and the design of organizations and institutions.