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The rise of women and their impact on firms' performance

Author

Listed:
  • Charbel Salloum

    (USEK - Université Saint-Esprit de Kaslik)

  • Georges Azzi

    (LPA-GBMI - LABORATOIRE DE PHYSIQUE APPLIQUEE, Groupe des Biomatériaux et des Matériaux Intelligents - UNIVERSITE LIBANAISE Faculté de Sciences II)

  • Catherine Mercier-Suissa

    (Laboratoire de Recherche Magellan - UJML - Université Jean Moulin - Lyon 3 - Université de Lyon - Institut d'Administration des Entreprises (IAE) - Lyon)

  • Stephanie Khalil

    (Manufacturing System Integration (MSI) Research Institute, Wolfson School - Loughborough University)

Abstract

This paper aims to understand how the presence of women in management positively affects firms' financial performance. In order to validate our hypotheses, we used a quantitative method to collect data and performed an inquiry by surveying the top 30 Lebanese firms. The results showed that the presence of women in management in Lebanon is not positively correlated with firms financial performance. Women occupying high managerial positions are most probably a member of the family owning the business, and therefore they are not directly concerned with the management of the business. Moreover, a large number of the surveyed females in our sample are married. Consequently, their priorities change, and they put their family before their career development.

Suggested Citation

  • Charbel Salloum & Georges Azzi & Catherine Mercier-Suissa & Stephanie Khalil, 2016. "The rise of women and their impact on firms' performance," Post-Print hal-01265940, HAL.
    • Handle: RePEc:hal:journl:hal-01265940
    DOI: 10.1504/IJESB.2016.073976
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    Cited by:

    1. Isaiah Olurinola & Romanus Osabohien & Bosede Ngozi Adeleye & Ifeoluwa Ogunrinola & Jacob Isaac Omosimua & Tyrone De Alwis, 2021. "Digitalization and Innovation in Nigerian Firms," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 11(3), pages 263-277, March.
    2. Giorgia Giovannetti & Margherita Velucchi, 2022. "Gender discrimination and firm survival: a multilevel approach for EU textile companies," SN Business & Economics, Springer, vol. 2(9), pages 1-19, September.

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