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Gender and Corporate Success: An Empirical Analysis of Gender-Based Corporate Performance on a Sample of Asian Small and Medium-Sized Enterprises

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  • Farhad Taghizadeh-Hesary
  • Naoyuki Yoshino
  • Lisa Fukuda

Abstract

The paper will provide policy suggestions, such as establishment of credit guarantee funds for easing the female-owned SMEs’ access to finance in Asia. Implementation of supportive policies for female-owned SMEs will have significant contribution to economic growth, employment, and ultimately, to gender equality. Within a patriarchal society, women are placed in a precarious societal positioning that leads to a prevalence of gender inequality in education, financial literacy, and access to finance. In the context of Asia, where small and medium-sized enterprises (SMEs) are the backbone of most Asian economies and the financial sector is dominated by banks, women in entrepreneurship are susceptible to facing greater credit constraints relative to their male counterparts, which can compromise their corporate performance. The objective of this research is to investigate whether there is a significant association between gender and success or failure of SMEs.

Suggested Citation

  • Farhad Taghizadeh-Hesary & Naoyuki Yoshino & Lisa Fukuda, 2019. "Gender and Corporate Success: An Empirical Analysis of Gender-Based Corporate Performance on a Sample of Asian Small and Medium-Sized Enterprises," Working Papers id:13032, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:13032
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    Cited by:

    1. Goldfarb, Yael & Neuman, Shoshana, 2020. "Enhancing Employability by Responding to Work Motives: Lessons from a Field Experiment among Israeli Ultra-Religious Women," IZA Discussion Papers 12921, Institute of Labor Economics (IZA).
    2. Marek Gruszczyński, 2020. "Women on Boards and Firm Performance: A Microeconometric Search for a Connection," JRFM, MDPI, vol. 13(9), pages 1-13, September.
    3. Shoshana Neuman & Yael Goldfarb, 2020. "Better Integration in the Labor Market by Responding to Work Motives: Lessons from a Field Experiment among Israeli Ultra-Religious Women," Discussion Papers 58, Central European Labour Studies Institute (CELSI).

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    More about this item

    Keywords

    eSS; economics of gender; small and medium-sized enterprises; corporate performance of SMEs; financial literacy gap; access to finance; gender inequality; financial inclusion;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination

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