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Do female CEOs handle crisis better? Evidence from the COVID-19 pandemic

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  • John Thornton
  • Chrysovalantis Vasilakis

Abstract

We examine whether firm performance in response to the shock of the COVID pandemic differed depending upon whether the CEO was female or male. We find that though female CEOs do not consistently demonstrate better management across all periods, following the shock, firms run by female CEOs were more profitable, more highly valued and more risk averse than firms run by male CEOs.

Suggested Citation

  • John Thornton & Chrysovalantis Vasilakis, 2024. "Do female CEOs handle crisis better? Evidence from the COVID-19 pandemic," Economics and Business Letters, Oviedo University Press, vol. 13(3), pages 158-171.
    • Handle: RePEc:ove:journl:aid:20848
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    File URL: https://reunido.uniovi.es/index.php/EBL/article/view/20848
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