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Just the two of us, we can(’t) make it if we try: Owner-CEO gender and discouragement

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Listed:
  • Jérémie Bertrand

    (LEM - Lille économie management - UMR 9221 - UA - Université d'Artois - UCL - Université catholique de Lille - Université de Lille - CNRS - Centre National de la Recherche Scientifique)

  • Aurore Burietz

    (LEM - Lille économie management - UMR 9221 - UA - Université d'Artois - UCL - Université catholique de Lille - Université de Lille - CNRS - Centre National de la Recherche Scientifique)

  • Caroline Perrin

    (UNISTRA - Université de Strasbourg)

Abstract

Research suggests that women are more discouraged from applying for a loan than men. Using cross-country data, we find that discouragement prevails only among woman-led firms with a higher share of woman owners, challenging the trend to promote gender diversity.

Suggested Citation

  • Jérémie Bertrand & Aurore Burietz & Caroline Perrin, 2022. "Just the two of us, we can(’t) make it if we try: Owner-CEO gender and discouragement," Post-Print hal-03976642, HAL.
    • Handle: RePEc:hal:journl:hal-03976642
    DOI: 10.1016/j.econlet.2022.110596
    Note: View the original document on HAL open archive server: https://hal.science/hal-03976642
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    References listed on IDEAS

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    1. Harjoto, Maretno A. & Laksmana, Indrarini & Yang, Ya-wen, 2018. "Board diversity and corporate investment oversight," Journal of Business Research, Elsevier, vol. 90(C), pages 40-47.
    2. Anoosheh Rostamkalaei & Miwako Nitani & Allan Riding, 2020. "Borrower discouragement: the role of informal turndowns," Small Business Economics, Springer, vol. 54(1), pages 173-188, January.
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    4. Kon, Y & Storey, D J, 2003. "A Theory of Discouraged Borrowers," Small Business Economics, Springer, vol. 21(1), pages 37-49, August.
    5. Steven Ongena & Alexander Popov, 2016. "Gender Bias and Credit Access," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 48(8), pages 1691-1724, December.
    6. Pattanaporn Chatjuthamard & Pornsit Jiraporn & Sang Mook Lee, 2021. "Does board gender diversity weaken or strengthen executive risk-taking incentives?," PLOS ONE, Public Library of Science, vol. 16(10), pages 1-18, October.
    7. Brad M. Barber & Terrance Odean, 2001. "Boys will be Boys: Gender, Overconfidence, and Common Stock Investment," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 116(1), pages 261-292.
    8. Elizabeth Asiedu & Isaac Kalonda-Kanyama & Leonce Ndikumana & Akwasi Nti-Addae, 2013. "Access to Credit by Firms in Sub-Saharan Africa: How Relevant Is Gender?," American Economic Review, American Economic Association, vol. 103(3), pages 293-297, May.
    9. Rachel Croson & Uri Gneezy, 2009. "Gender Differences in Preferences," Journal of Economic Literature, American Economic Association, vol. 47(2), pages 448-474, June.
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    Cited by:

    1. Charpin, Agnès & Szafarz, Ariane & Tojerow, Ilan, 2023. "Female corporate owners and female CEOs," Economics Letters, Elsevier, vol. 232(C).

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    More about this item

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • 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

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