Female Hires and the Success of Start-up Firms
In this paper we investigate the relationship between females among the first hires of start-up companies and business success. Our results show that firms with female first hires have a higher share of female workers at the end of the first year after entry. Further, we find that firms with female first hires are more successful and stay longer in the market. We conclude that our results support the hypothesis that gender-diversity in leading positions is an advantage for start-up firms.
|Date of creation:||Nov 2009|
|Date of revision:|
|Contact details of provider:|| Postal: NRN Labor Economics and the Welfare State, c/o Rudolf Winter-Ebmer, Altenbergerstr. 69, 4040 Linz|
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"Diagnosing Discrimination: Stock Returns and CEO Gender,"
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5507, C.E.P.R. Discussion Papers.
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CIE Discussion Papers
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- Smith, Nina & Smith, Valdemar & Verner, Mette, 2005. "Do Women in Top Management Affect Firm Performance? A Panel Study of 2500 Danish Firms," IZA Discussion Papers 1708, Institute for the Study of Labor (IZA).
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