Please use this identifier to cite or link to this item:
Title: The impact of gender on financial performance: evidence for portuguese SMEs
Authors: Pacheco, Luís Miguel
Lobo, Carla Azevedo
Maldonado, Isabel
Keywords: Financial performance
Gender diversity
Agency theory
Stakeholder theory
Issue Date: Jul-2021
Citation: Pacheco, L. M., Lobo, C. A., & Maldonado, I. (2021). The impact of gender on financial performance: evidence for portuguese SMEs . In: TAKE 2021 Conference, The Multidisciplinary Conference on Intangibles. Porto, Universidade Portucalense, July 7/8/9, 2021. Disponível no Repositório UPT,
Abstract: The relationship between gender and profitability in the context of Small and Medium Enterprises (SMEs) is a less studied topic in the broader context of performance determinants. Thus, the objective of this paper is to examine whether women’s leadership of the firms’ board of directors and senior management teams enhances financial performance. Contributing to fill this research gap and based on the agency and stakeholder theories, it is used a balanced panel data of 4.806 Portuguese SMEs for the period from 2010 to 2019. The results from the random-effects model evidence the absence of a broad significant relationship, albeit with some slight evidence of a negative relation, moderated by firm age and present in some specific sectors of activity. Given the SMEs importance in the majority of countries, the results and implications of this paper can be generalized to other economies.
Appears in Collections:REMIT - Publicações em Livros de Atas Internacionais / Papers in International Proceedings

Files in This Item:
File Description SizeFormat 
The impact of gender on firm performance_TAKE 2021.pdf204.54 kBAdobe PDFView/Open

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.