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Female managers and firm performance: Evidence from the Caribbean countries

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  • Inmaculada Martínez-Zarzoso
  • Maria C. Lo Bue

Abstract

This paper investigates whether firm performance differs significantly when comparing firms with female and male top managers in the Caribbean region. We use survey data with detailed information on gender for firms in 13 Caribbean countries. Our methodology is based on Blinder-Oaxaca decomposition and propensity score matching econometric techniques.

Suggested Citation

  • Inmaculada Martínez-Zarzoso & Maria C. Lo Bue, 2021. "Female managers and firm performance: Evidence from the Caribbean countries," WIDER Working Paper Series wp-2021-92, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-2021-92
    as

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    File URL: https://www.wider.unu.edu/sites/default/files/Publications/Working-paper/PDF/wp2021-92-female-managers-firm-performance-Caribbean.pdf
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    References listed on IDEAS

    as
    1. Aterido, Reyes & Beck, Thorsten & Iacovone, Leonardo, 2013. "Access to Finance in Sub-Saharan Africa: Is There a Gender Gap?," World Development, Elsevier, vol. 47(C), pages 102-120.
    2. Luca Flabbi & Mario Macis & Andrea Moro & Fabiano Schivardi, 2019. "Do Female Executives Make a Difference? The Impact of Female Leadership on Gender Gaps and Firm Performance," The Economic Journal, Royal Economic Society, vol. 129(622), pages 2390-2423.
    3. Reyes Aterido & Mary Hallward-Driemeier, 2011. "Whose business is it anyway?," Small Business Economics, Springer, vol. 37(4), pages 443-464, November.
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    More about this item

    Keywords

    The Caribbean; Firm performance; Gender gap; Propensity score matching;
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