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Does the Share of Female Managers Affect the Firm's Geographic Spread? Evidence from the UK

Author

Listed:
  • Panagiotis Fouskas

    (Birmingham Business School, Edgbaston, Birmingham (UK))

  • Federica D'Isanto

    (Department of Political Sciences, University of Naples “Federico II” (Italy))

Abstract

The present article aims to add a new thread on the debate of gender quota by assessing gender diversity in senior managerial positions. We utilise UK data drawn from the 2011 Workplace Employment Relations Study (WERS6), the latest survey in the WERS series, to examine the former association. The use of appropriate weights makes our results representative of the UK population. After controlling for firm characteristics, we find statistically negative relationship between the share of female managers employed at the firm-level and the geographic spread of the firm. More specifically, our results uncover a particularly strong association between selling the final product largely on the local market and having a high share of female managers. Possible explanations for the former association can be found in the literature that discusses gender differences due to risk, competition and social preferences.

Suggested Citation

  • Panagiotis Fouskas & Federica D'Isanto, 2021. "Does the Share of Female Managers Affect the Firm's Geographic Spread? Evidence from the UK," Journal of Entrepreneurial and Organizational Diversity, European Research Institute on Cooperative and Social Enterprises, vol. 10(2), pages 1-28.
    • Handle: RePEc:trn:csnjrn:v:10:i:2:p:1-28
    DOI: 10.5947/jeod.2021.007
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    More about this item

    Keywords

    Gender diversity; Management; Geographic spread; Corporate governance;
    All these keywords.

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • J16 - Labor and Demographic Economics - - Demographic Economics - - - Economics of Gender; Non-labor Discrimination
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • M21 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Economics - - - Business Economics

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