Gender interactions within the family firm

Mario Daniele Amore; Orsola Garofalo; Alessandro Minichilli

doi:10.1287/mnsc.2013.1824

Gender interactions within the family firm

Mario Daniele Amore, Orsola Garofalo, Alessandro Minichilli

Research output: Contribution to journal › Article › Research › peer-review

117 Citations (Scopus)

Abstract

The analyze whether gender interactions at the top of the corporate hierarchy affect corporate performance. Using a comprehensive data set of family-controlled firms in Italy, we find that female directors significantly improve the operating profitability of female-led companies. To mitigate endogeneity concerns, we assess executive transitions using a triple-difference approach complemented by propensity score matching and instrumental variables. Finally, we show that the positive effect of female interactions on profitability is reduced when the firm is located in geographic areas characterized by gender prejudices and when the firm is large. © 2014 INFORMS.

Original language	English
Pages (from-to)	1083-1097
Journal	Management Science
Volume	60
Issue number	5
DOIs	https://doi.org/10.1287/mnsc.2013.1824
Publication status	Published - 1 Jan 2014

Keywords

Female Ceos
Female directors
Firm performance History

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abstract = "The analyze whether gender interactions at the top of the corporate hierarchy affect corporate performance. Using a comprehensive data set of family-controlled firms in Italy, we find that female directors significantly improve the operating profitability of female-led companies. To mitigate endogeneity concerns, we assess executive transitions using a triple-difference approach complemented by propensity score matching and instrumental variables. Finally, we show that the positive effect of female interactions on profitability is reduced when the firm is located in geographic areas characterized by gender prejudices and when the firm is large. {\textcopyright} 2014 INFORMS.",

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KW - Firm performance History

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Gender interactions within the family firm

Abstract

Keywords

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