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Título: | Female CEOs, Returns and Risk in Spanish Publishing Firms |
Fecha de publicación: | 2017 |
Cita bibliográfica: | European Management Review |
ISSN: | 1740-4754 1740-4762 |
Palabras clave: | Gender Publishing firms Performance Return Risk |
Resumen: | This study examines the influence of CEO gender on returns and risk for a sample of 2,157 Spanish publishing firms in 2013. The publishing sector is relevant in Spain, in terms of output, because of its positive contribution to the cultural sector’s trade balance and also because it plays a key strategic role in a knowledge-based society. Previous evidence suggests that women in senior management position affect the performance of firms and also the level of risk that the firm is exposed to. Our results show that publishing companies whose CEO is female have greater returns. This result is observed when both the return on assets and the return on equity are considered as the dependent variable. When we focus on risk, we find a lower debt level and lower financial leverage when the CEO is a woman. |
Autor/es principal/es: | Martín Ugedo, Juan Francisco Palma Martos, Luis Mínguez Vera, Antonio |
Facultad/Departamentos/Servicios: | Facultades, Departamentos, Servicios y Escuelas::Departamentos de la UMU::Organización de Empresas y Finanzas |
URI: | http://hdl.handle.net/10201/136745 |
DOI: | https://doi.org/10.1111/emre.12132 |
Tipo de documento: | info:eu-repo/semantics/article |
Número páginas / Extensión: | 10 |
Derechos: | info:eu-repo/semantics/openAccess Attribution-NonCommercial-NoDerivatives 4.0 Internacional |
Descripción: | ©2017. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/ This document is the Accepted, version of a Published Work that appeared in final form in European Management Review. To access the final edited and published work see https://doi.org/10.1111/emre.12132 |
Aparece en las colecciones: | Artículos: Organización de Empresas y Finanzas |
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Fichero | Descripción | Tamaño | Formato | |
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Female CEOs (versión aceptada).pdf | 155,03 kB | Adobe PDF | Visualizar/Abrir |
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