Women’s Leadership in Fintech: Cross-Country Evidence

Purva Khera, Sumiko Ogawa, Ratna Sahay and Mahima Vasishth

CESifo Economic Studies, 2024, vol. 70, issue 3, 284-305

Abstract: This paper provides key insights into women’s representation in the fintech industry, and descriptively examines the association between female leadership and firm performance in this industry. Using novel data from fintech firms in over 80 countries, we find that women leaders in this industry remain scarce. Our analysis reveals that firms founded by women are associated with lower firm performance as measured by their estimated revenue and funding acquired, especially for small firms. On the other hand, there is a positive association between gender diversity in executive board and firm performance, especially for mid-to-large sized firms.

Keywords: firm performance; women leaders; fintech (search for similar items in EconPapers)
JEL-codes: J16 L25 L26 (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1093/cesifo/ifae013 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:cesifo:v:70:y:2024:i:3:p:284-305.

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

CESifo Economic Studies is currently edited by Panu Poutvaara

More articles in CESifo Economic Studies from CESifo Group Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().