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Management Practices of Successful Female Business Owners

Author

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  • Richard Cuba
  • David Decenzo
  • Andrea Anish

Abstract

This research project examines management techniques used by 58 female owners of small businesses in three eastern metropolitan areas. Data indicate that financially successful women owners delegate certain key tasks to employees, are more highly educated, and have more prior work experience than less successful females. The primary inadequacies reported by the women were difficulties in leading others and inability to delegate tasks. In addition to a lack of formal planning and policy setting, other seemingly important management functions did not materially affect sales or profit. Moreover, the level of mental and physical effort and degree of participative management were not significant criteria for success.

Suggested Citation

  • Richard Cuba & David Decenzo & Andrea Anish, 1983. "Management Practices of Successful Female Business Owners," Entrepreneurship Theory and Practice, , vol. 8(2), pages 40-46, October.
    • Handle: RePEc:sae:entthe:v:8:y:1983:i:2:p:40-46
    DOI: 10.1177/104225878300800208
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    References listed on IDEAS

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    1. Knotts, Rose E., 1975. "Manifest needs of professional female workers in business-related occupations," Journal of Business Research, Elsevier, vol. 3(3), pages 267-276, July.
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    Cited by:

    1. Du Rietz, Anita & Henrekson, Magnus, 2000. "Testing the Female Underperformance Hypothesis," Small Business Economics, Springer, vol. 14(1), pages 1-10, February.
    2. James J. Chrisman & Alan Bauerschmidt & Charles W. Hofer, 1998. "The Determinants of New Venture Performance: An Extended Model," Entrepreneurship Theory and Practice, , vol. 23(1), pages 5-29, October.
    3. Farida Mohammed Shehu & Al-Hasan Al-Aidaros, 2015. "A Proposed Framework on the Relationship between Islamic Microfinance Related Factors and Women Entrepreneurs Business Performance in Nigeria," Journal of Education and Vocational Research, AMH International, vol. 6(4), pages 38-44.
    4. Arjen van Witteloostuijn & Marcus Dejardin & Julie Hermans & Dendi Ramdani, & Johanna Vanderstraeten & Jacqueline Brassey & Hendrik Slabbinck, 2015. "Fitting entrepreneurial, firm-level and environmental contingencies for better performance," Post-Print halshs-01379907, HAL.
    5. Helene Ahl, 2006. "Why Research on Women Entrepreneurs Needs New Directions," Entrepreneurship Theory and Practice, , vol. 30(5), pages 595-621, September.
    6. Arthur L. Dolinsky & Richard K. Caputo & Kishore Pasumarty & Hesan Quazi, 1993. "The Effects of Education on Business Ownership: A Longitudinal Study of Women," Entrepreneurship Theory and Practice, , vol. 18(1), pages 43-53, October.
    7. Marisol Guerrero & Alejandro Arellano Gonzalez & Nidia Rios Vazquez, 2017. "Strategic Management in the Relationship between Competitiveness and Organizational Performance in MSMES of the Service Sector in Mexico," International Journal of Business and Management, Canadian Center of Science and Education, vol. 12(4), pages 1-55, March.
    8. María José Ibáñez & Felipe Vásquez Lavin & Roberto D. Ponce Oliva, 2023. "Female Underperformance Hypothesis Revisited: Methodological Review and Empirical Testing," SAGE Open, , vol. 13(4), pages 21582440231, December.
    9. José António Porfírio & Tiago Carrilho & Joseph Hassid & Ricardo Rodrigues, 2019. "Family Business Succession in Different National Contexts: A Fuzzy-Set QCA Approach," Sustainability, MDPI, vol. 11(22), pages 1-17, November.
    10. Andrea E. Smith-Hunter & Joshua Leone, 2010. "Evidence On The Characteristics Of Women Entrepreneurs In Brazil: An Empirical Analysis," International Journal of Management and Marketing Research, The Institute for Business and Finance Research, vol. 3(1), pages 85-102.
    11. Eresia-Eke Eresia-Eke, 2013. "Can Owner-Manager Characteristics Signal Small Business Loan Default Propensity?," Journal of Economics and Behavioral Studies, AMH International, vol. 5(11), pages 762-776.
    12. Radha Chaganti & Saroj Parasuraman, 1997. "A Study of the Impacts of Gender on Business Performance and Management Patterns in Small Businesses," Entrepreneurship Theory and Practice, , vol. 21(2), pages 73-76, January.
    13. Candida G. Brush, 1992. "Research on Women Business Owners: Past Trends, a New Perspective and Future Directions," Entrepreneurship Theory and Practice, , vol. 16(4), pages 5-30, July.
    14. Yoon Lee & Cynthia Jasper & Margaret Fitzgerald, 2010. "Gender Differences in Perceived Business Success and Profit Growth Among Family Business Managers," Journal of Family and Economic Issues, Springer, vol. 31(4), pages 458-474, December.
    15. A. B. Ibrahim & J. R. Goodwin, 1986. "Perceived Causes of Success in Small Business," Entrepreneurship Theory and Practice, , vol. 11(2), pages 41-50, October.
    16. Aidis, Ruta & Wetzels, Cécile, 2007. "Self-Employment and Parenthood: Exploring the Impact of Partners, Children and Gender," IZA Discussion Papers 2813, Institute of Labor Economics (IZA).
    17. Laura Serviere-Munoz & Anshu Saran, 2012. "Market Orientation, Innovation, And Dynamism From An Ownership And Gender Approach: Evidence From Mexico," International Journal of Management and Marketing Research, The Institute for Business and Finance Research, vol. 5(2), pages 1-17.
    18. StewartJr., Wayne H. & Watson, Warren E. & Carland, Joann C. & Carland, James W., 1999. "A proclivity for entrepreneurship: A comparison of entrepreneurs, small business owners, and corporate managers," Journal of Business Venturing, Elsevier, vol. 14(2), pages 189-214, March.
    19. Verheul, I., 2007. "Commitment or Control? Human Resource Management Practices in Female and Male-Led Businesses," ERIM Report Series Research in Management ERS-2007-071-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    20. Atanu Sengupta & Soumyendra Kishore Datta & Susanta Mondal, 2013. "Women’s Entrepreneurial Abilities: A Study in the Indian Informal Service Sector," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 22(2), pages 223-243, September.
    21. Noor Afza Amran, 2011. "The Effect Of Owner’S Gender And Age To Firm Performance: A Review On Malaysian Public Listed Family Businesses," Journal of Global Business and Economics, Global Research Agency, vol. 2(1), pages 104-116, January.

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