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Are female leaders more efficient in family firms than in non-family firms?
Jönköping University, Jönköping International Business School, JIBS, Center for Family Enterprise and Ownership (CeFEO). Jönköping University, Jönköping International Business School, JIBS, Economics.ORCID iD: 0000-0002-0519-2617
Jönköping University, Jönköping International Business School, JIBS, Economics.
Department of Economics, Södertörn University, Huddinge, Sweden.
2018 (English)In: Corporate Governance : The International Journal of Effective Board Performance, ISSN 1472-0701, E-ISSN 1758-6054, Vol. 18, no 2, p. 185-205Article in journal (Refereed) Published
Abstract [en]

Purpose: The aim of this study is to investigate whether female leaders are more efficient in family firms than in non-family firms.

Design/methodology/approach: This paper uses a unique database of ownership and leadership in private Swedish firms that makes it possible to analyze differences in firm performance due to female leadership in family and non-family firms. The analysis is based on survey data merged with micro-level data on Swedish firms. Only firms with five or more employees are included in the analysis. The sample contains more than 1,000 firms.

Findings: The descriptive statistics show that there are many more male than female corporate leaders. However, the regression analysis indicates that female leadership has a much more positive impact on the performance of family firms than on that for non-family firms, where the effect is ambiguous.

Originality/value: Comparative studies examining the impact of female leadership on firm-level performance in family and non-family firms are rare, and those that exist are most often either qualitative or focused on large, listed firms. By investigating the role of female directors in family and non-family firms, the study adds to the literature on management, corporate governance and family firms. 

Place, publisher, year, edition, pages
Emerald Group Publishing Limited, 2018. Vol. 18, no 2, p. 185-205
Keywords [en]
Company performance, Corporate governance, Family firms, Financial performance, Gender
National Category
Business Administration
Identifiers
URN: urn:nbn:se:hj:diva-39063DOI: 10.1108/CG-01-2017-0017ISI: 000428074400001Scopus ID: 2-s2.0-85043455565OAI: oai:DiVA.org:hj-39063DiVA, id: diva2:1233760
Available from: 2018-07-19 Created: 2018-07-19 Last updated: 2019-03-05Bibliographically approved

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Bjuggren, Per-OlofNordström, Louise

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