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Does the Gender of Top Managers and Owners Matter for Firm Exports?

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  • Helena Marques

Abstract

How are export propensity and intensity affected by gender? Data from the World Bank's Enterprise Surveys (waves 2006-07, 2009-10) are used in a cross-country analysis to investigate whether export propensity and intensity differ according to the gender of top managers and entrepreneurs. Exporting is riskier than selling domestically and women, on average, tend to be more risk averse than men. Exporting entails costs, and women may have reduced access to finance compared to men. Most firms managed or solely owned by women are young and small and may have more difficulty obtaining credit. Women may self-select into routine sectors with lower mean productivity. Unlike most previous research, here the gender effect only takes into account firms where women have decision-making power. Accounting for the endogeneity of firm productivity, firm self-selection into exporting, and several factors influencing export propensity and intensity, the gender effect operates indirectly via some of those factors.

Suggested Citation

  • Helena Marques, 2015. "Does the Gender of Top Managers and Owners Matter for Firm Exports?," Feminist Economics, Taylor & Francis Journals, vol. 21(4), pages 89-117, October.
  • Handle: RePEc:taf:femeco:v:21:y:2015:i:4:p:89-117
    DOI: 10.1080/13545701.2015.1029958
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    Citations

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    Cited by:

    1. Poole Jennifer P. & Volpe Martincus Christian, 2023. "Can Online Platforms Promote Women-Led Exporting Firms?," Journal of Globalization and Development, De Gruyter, vol. 14(2), pages 357-384, December.
    2. Audretsch, David B. & Belitski, Maksim & Chowdhury, Farzana & Desai, Sameeksha, 2022. "CEO gender, institutional context and firm exports," International Business Review, Elsevier, vol. 31(5).
    3. Claudiu Tiberiu Albulescu & Camélia Turcu, 2022. "Productivity, financial performance, and corporate governance: evidence from Romanian R&D firms," Applied Economics, Taylor & Francis Journals, vol. 54(51), pages 5956-5975, November.
    4. Claudiu Tiberiu Albulescu & Matei Tămășilă & Ilie Mihai Tăucean, 2021. "The Nonlinear Relationship Between Firm Size and Growth in the Automotive Industry," Journal of Industry, Competition and Trade, Springer, vol. 21(3), pages 445-463, September.
    5. Kapri, Kul, 2021. "Court fairness and firm level export decisions," International Review of Economics & Finance, Elsevier, vol. 75(C), pages 269-277.
    6. Helena Marques, 2017. "Gender, entrepreneurship and development: which policies matter?," Development Policy Review, Overseas Development Institute, vol. 35(2), pages 197-228, January.
    7. Alfonso Expósito & Amparo Sanchis-Llopis & Juan A. Sanchis-Llopis, 2021. "The effect of the manager gender on SMEs export and import decisions: Evidence for Spain," Working Papers 2115, Department of Applied Economics II, Universidad de Valencia.
    8. Gattai, Valeria & Natale, Piergiovanna & Rossi, Francesca, 2023. "Board diversity and outward FDI: Evidence from europe," Economic Modelling, Elsevier, vol. 120(C).
    9. Valeria Gattai & Piergiovanna Natale & Francesca Rossi, 2022. "Board Diversity and Outward FDI: Evidence from Europe," Working Papers 491, University of Milano-Bicocca, Department of Economics, revised Mar 2022.
    10. Berg,Claudia N. & Robertson,Raymond & Lopez-Acevedo,Gladys C., 2022. "Exports and Labor Demand : Evidence from Egyptian Firm-Level Data," Policy Research Working Paper Series 10213, The World Bank.
    11. Nguyen, Thi Hong Hanh & Ntim, Collins G. & Malagila, John K., 2020. "Women on corporate boards and corporate financial and non-financial performance: A systematic literature review and future research agenda," International Review of Financial Analysis, Elsevier, vol. 71(C).
    12. Alfonso Expósito & Amparo Sanchis-Llopis & Juan A. Sanchis-Llopis, 2022. "Manager gender, entrepreneurial orientation and SMEs export and import propensities: evidence for Spanish businesses," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 12(2), pages 315-347, June.
    13. Carbonero, Francesco & Devicienti, Francesco & Manello, Alessandro & Vannoni, Davide, 2021. "Women on board and firm export attitudes: Evidence from Italy," Journal of Economic Behavior & Organization, Elsevier, vol. 192(C), pages 159-175.

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