Do female managers perform better? Evidence from Italian manufacturing firms
Concetta Castiglione,
Davide Infante () and
Janna Smirnova
International Journal of Finance & Economics, 2022, vol. 27, issue 2, 2194-2209
Abstract:
The aim of the paper is to test whether the presence of females on boards of directors influences firms productivity. The analysis is conducted on a large sample of Italian manufacturing firms extracted from the Analisi Informatizzata delle Aziende database for the years 2004 and 2012. Our results show that firm productivity is positively influenced by the presence of women managers in both post and pre‐crisis periods, revealing that peculiar features of female human capital matter in running manufacturing firms. The productivity differential is found to depend on geographical localization. Female managed firms located in the North–West regions significantly increase the positive firm productivity differential of the geographical area, while firms located in the South and Islands reduce the firm differential productivity gap registered by the area. Further investigation shows that female and mixed managed firms result to be more productive than male only managed firms. In the light of our findings we discuss the importance of policies that provide incentives for female inclusion in leading position of the firms.
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)
Downloads: (external link)
https://doi.org/10.1002/ijfe.2268
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:wly:ijfiec:v:27:y:2022:i:2:p:2194-2209
Ordering information: This journal article can be ordered from
http://jws-edcv.wile ... PRINT_ISSN=1076-9307
Access Statistics for this article
International Journal of Finance & Economics is currently edited by Mark P. Taylor, Keith Cuthbertson and Michael P. Dooley
More articles in International Journal of Finance & Economics from John Wiley & Sons, Ltd.
Bibliographic data for series maintained by Wiley Content Delivery ().