Header

UZH-Logo

Maintenance Infos

Working with women, do men get all the credit?


Qi, Shusen; Ongena, Steven; Cheng, Hua (2022). Working with women, do men get all the credit? Small Business Economics, 59:1427-1447.

Abstract

Are firms that are managed and owned by females-only appraised differently than those where genders mix at the top? To answer this question, we study 7,467 small and medium-sized firms from 22 countries. We find that – when borrowing from banks – firms that are both managed and owned by females more often report binding credit constraints and higher interest rate payments than male-only firms; differences that we can attribute to taste-based discrimination. In contrast, if the manager and the owner have a different gender, we find no such differences with male-only firms. Hence, interestingly banks seem to assume that women invariably play second fiddle in the mixed-gender firms. We also show that discrimination between female-only and other firms disappears from economically more developed regions and from credit markets that are more competitive or dominated by transactional lenders.

Abstract

Are firms that are managed and owned by females-only appraised differently than those where genders mix at the top? To answer this question, we study 7,467 small and medium-sized firms from 22 countries. We find that – when borrowing from banks – firms that are both managed and owned by females more often report binding credit constraints and higher interest rate payments than male-only firms; differences that we can attribute to taste-based discrimination. In contrast, if the manager and the owner have a different gender, we find no such differences with male-only firms. Hence, interestingly banks seem to assume that women invariably play second fiddle in the mixed-gender firms. We also show that discrimination between female-only and other firms disappears from economically more developed regions and from credit markets that are more competitive or dominated by transactional lenders.

Statistics

Citations

Dimensions.ai Metrics
5 citations in Web of Science®
4 citations in Scopus®
Google Scholar™

Altmetrics

Downloads

21 downloads since deposited on 23 Nov 2022
11 downloads since 12 months
Detailed statistics

Additional indexing

Item Type:Journal Article, refereed, original work
Communities & Collections:03 Faculty of Economics > Department of Banking and Finance
Dewey Decimal Classification:330 Economics
Scopus Subject Areas:Social Sciences & Humanities > General Business, Management and Accounting
Social Sciences & Humanities > Economics and Econometrics
Scope:Discipline-based scholarship (basic research)
Language:English
Date:November 2022
Deposited On:23 Nov 2022 07:19
Last Modified:28 May 2024 01:42
Publisher:Springer
ISSN:0921-898X
Additional Information:Swiss Finance Institute Research Paper No. 18-01
OA Status:Green
Free access at:Related URL. An embargo period may apply.
Publisher DOI:https://doi.org/10.1007/s11187-021-00579-1
Official URL:https://doi.org/10.1007/s11187-021-00579-1
Related URLs:https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3103683 (Organisation)
Other Identification Number:merlin-id:21587
  • Content: Accepted Version