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CEO Gender Bias in the Formation of Firm-to-Firm Transactions

Author

Listed:
  • Yutaro Izumi
  • Hitoshi Shigeoka
  • Masayuki Yagasaki

Abstract

This study examines an unexplored channel of female CEO disadvantage: CEO gender bias in forming business networks. Using supplier-buyer linkage data from Japanese firms, we find that CEOs of the same gender are more likely to trade than those of the opposite gender, particularly in small and medium-sized rms. As most CEOs are male, this same-gender bias restricts the trading opportunities for female CEOs compared with their male counterparts. Our CEO survey revealed frictions that hinder cross-gender encounters, suggesting that creating venues to promote female-male CEO interactions could effectively achieve gender equity through expanding the business networks of female CEOs.

Suggested Citation

  • Yutaro Izumi & Hitoshi Shigeoka & Masayuki Yagasaki, 2023. "CEO Gender Bias in the Formation of Firm-to-Firm Transactions," NBER Working Papers 31616, National Bureau of Economic Research, Inc.
    • Handle: RePEc:nbr:nberwo:31616
    Note: AG ITI LS PR
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    Cited by:

    1. Izumi, Yutaro & Shigeoka, Hitoshi & Yagasaki, Masayuki, 2024. "Golfing CEOs," Labour Economics, Elsevier, vol. 91(C).

    More about this item

    JEL classification:

    • D22 - Microeconomics - - Production and Organizations - - - Firm Behavior: Empirical Analysis
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination

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