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Female underperformance hypothesis revisited: methodological review and empirical testing.

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dc.contributor.authorIbañez, María José
dc.contributor.authorVásquez Lavín, Felipe
dc.contributor.authorPonce, Roberto D.
dc.date.accessioned2024-05-16T15:09:24Z
dc.date.available2024-05-16T15:09:24Z
dc.date.issued2023
dc.description.abstractComparison between the performance of female and male-managed firms has long been a subject of research interest. Although the argument is that firms run by women have lower performance than those run by men, there is no agreement on the effects of managerial gender on companies’ financial outcomes. This study conducts a methodological review of quantitative research on the relationship between female business leadership and firm performance from 2010 to 2020. This review identifies the most frequently used dependent and explanatory variables and econometric models in the literature. Most studies have not considered endogeneity bias in their model specifications; therefore, these results could be biased and unreliable. We select empirical models to test the female underperformance hypothesis using a sample of Chilean firms. Our findings suggest that managers’ gender does not significantly affect business performance when endogeneity is addressed. Our methodological review reveals a significant gap in the research on female managers and firm performance in the Latin American context, and the empirical test provides new evidence in this vein.
dc.description.versionVersión publicada
dc.format.extent25 p.
dc.identifier.citationSage Open, 13(4).
dc.identifier.doihttps://doi.org/10.1177/21582440231218798
dc.identifier.urihttps://hdl.handle.net/11447/8788
dc.language.isoen
dc.rightsAtribución-NoComercial-CompartirIgual 3.0 Chile (CC BY-NC-SA 3.0 CL)
dc.rights.urihttp://creativecommons.org/licenses/by-nc-sa/3.0/cl/
dc.subjectFemale underperformance hypothesis
dc.subjectFemale CEO
dc.subjectFirm performance
dc.subjectMethodological review
dc.titleFemale underperformance hypothesis revisited: methodological review and empirical testing.
dc.typeArticle
dcterms.accessRightsAcceso abierto
dspace.entity.typePublication
relation.isAuthorOfPublication453a6661-8778-4f8f-a5fa-362612fc2b58
relation.isAuthorOfPublicatione288b9c6-783c-4d11-a1ce-0776a61334ec
relation.isAuthorOfPublication.latestForDiscovery453a6661-8778-4f8f-a5fa-362612fc2b58

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