Does Assigning More Women to Managerial Positions Enhance Firm Productivity? Evidence from Sweden

Yoshihiro Sato () and Michihito Ando
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Yoshihiro Sato: European Institute of Japanese Studies, Postal: Stockholm School of Economics, P.O. Box 6501, S-113 83 Stockholm, Sweden, https://www.hhs.se/en/Research/Institutes/EIJS/

No 242, EIJS Working Paper Series from Stockholm School of Economics, The European Institute of Japanese Studies

Abstract: We analyze whether gender composition at non-board managerial levels has any impact on firm productivity and other related outcomes in the service sector using a linked employer-employee dataset from Sweden. Exploiting within-firm variation, we apply a difference-in-differences propensity score matching method to address an endogeneity issue. Our results suggest no significant effects on productivity but significant positive effects on firms' growth in terms of value added and labor inputs when a firm “replaces” a male manager with a woman. We do not observe any impact when a firm “appoints” a woman instead of a man to a new managerial position.

Keywords: Gender; Gender diversity; Firm productivity; Manager; Difference-in-differences matching; Propensity score matching (search for similar items in EconPapers)
JEL-codes: J16 J24 J71 J82 (search for similar items in EconPapers)
Pages: 59 pages
Date: 2017-01-09
New Economics Papers: this item is included in nep-bec, nep-eff, nep-eur, nep-gen, nep-hme, nep-hrm and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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