Recent research into the economic performance of women-controlled firms suggests that their underperformance may not be the result of differences in the managerial ability of women as compared to men, and that it may in fact be a consequence of differing levels of start-up resources. Using accounting data, we examine the effects that selected start-up conditions have had on the observed economic performance of a sample of 4450 Spanish manufacturing firms. The results, which indicate significant differences in the initial conditions and show lower levels of assets and employee numbers in women-controlled firms, have implications for the economic performance of such firms.
|Journal||Revista de Contabilidad-Spanish Accounting Review|
|Publication status||Published - 1 Jan 2010|
- Financial debt
- Firm size
- Initial resources
- Manufacturing industries
- Women controlled firms