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Women’s Management Strategies and Growth in Rural Female-Owned Family Businesses

Author

Listed:
  • Marshall, Maria I.
  • Peake, Whitney O.

Abstract

Prior research indicates not only that family businesses have fewer management controls in place and are more likely to have non-economic goals for their firm but also that female-controlled businesses tend to underperform compared to male-controlled businesses. In this article, we analyze the performance effects of management controls and goals for the business across both male and female-controlled farm and rural family businesses. The results suggest that female-controlled farm and rural family businesses do not underperform their male counterparts in terms of objective or subjective assessments of performance. This is an important finding, given the mixed results across the family business literature regarding the impacts of gender on performance. Our results do indicate, however, that management controls and strategies and goals for the firm influence objective and subjective performance differently across male and female-controlled farm and rural family businesses.

Suggested Citation

  • Marshall, Maria I. & Peake, Whitney O., 2013. "Women’s Management Strategies and Growth in Rural Female-Owned Family Businesses," 2014 Allied Social Science Association (ASSA) Annual Meeting, January 3-5, 2014, Philadelphia, PA 161658, Agricultural and Applied Economics Association.
  • Handle: RePEc:ags:aaeass:161658
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    File URL: http://purl.umn.edu/161658
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    References listed on IDEAS

    as
    1. Du Rietz, Anita & Henrekson, Magnus, 2000. "Testing the Female Underperformance Hypothesis," Small Business Economics, Springer, vol. 14(1), pages 1-10, February.
    2. Nan Astone & Jacinda Dariotis & Freya Sonenstein & Joseph Pleck & Kathryn Hynes, 2010. "Men’s Work Efforts and the Transition to Fatherhood," Journal of Family and Economic Issues, Springer, vol. 31(1), pages 3-13, March.
    3. Kimberly A. Eddleston & Franz Willi Kellermanns & Ravi Sarathy, 2008. "Resource Configuration in Family Firms: Linking Resources, Strategic Planning and Technological Opportunities to Performance," Journal of Management Studies, Wiley Blackwell, vol. 45(1), pages 26-50, January.
    4. Verheul, Ingrid & Thurik, Roy, 2001. "Start-Up Capital: "Does Gender Matter?"," Small Business Economics, Springer, vol. 16(4), pages 329-345, June.
    5. Danes, Sharon M. & Stafford, Kathryn & Loy, Johnben Teik-Cheok, 2007. "Family business performance: The effects of gender and management," Journal of Business Research, Elsevier, vol. 60(10), pages 1058-1069, October.
    6. Younghwan Song, 2007. "The working spouse penalty/premium and married women’s labor supply," Review of Economics of the Household, Springer, vol. 5(3), pages 279-304, September.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    family business; rural; agency theory; gender; Agribusiness; Farm Management; J16; M20;

    JEL classification:

    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • M20 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - General

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