Footnote:
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 6, 2014 erstellt
Description:
Based on the Enterprise Surveys Data from the World Bank, this paper provides a preliminary study about the effect of the female top manager on the performance of firms located in developing countries. It also uncovers the effect of female top manager on female employment and other employees' characteristics. Using two stage least squares to deal with the endogeneity problem, this study find positive effects of female CEOs on two firms' performance variables, but this result is contingent to geography, type of companies and industry where women could be operating. The results also show that having a female CEO has a positive effect on women job opportunities, and that woman will not be less risk taking than men in managing a company