Female leadership and borrowing constraints: Evidence from an emerging economy

dc.contributor.authorBui, A.T.
dc.contributor.authorNguyen, C.V.
dc.contributor.authorPham, T.P.
dc.contributor.authorPhung, D.T.
dc.date.issued2022
dc.descriptionAvailable online 24 March 2019
dc.description.abstractThis study investigates the differences in credit access between male-managed and female-managed firms using two Enterprise Censuses in Vietnam. Our findings reveal that women-managed firms are less likely to borrow from commercial banks than their male counterparts, even when controlling for other determinants such as CEO education and experience, firm size, and ownership. No difference in credit access is documented for firms borrowing from non-commercial banks. Once we control for firm characteristics and CEO demographic factors, approved loan size is higher for firms managed by female CEOs regardless of the borrowing source. Using decomposition analysis, we find firm size contributes most in explaining the difference in credit access between female and male-managed companies.
dc.description.statementofresponsibilityAnh Tuan Bui, Cuong Viet Nguyen, Thu Phuong Pham, Duc Tung Phung
dc.identifier.citationInternational Review of Financial Analysis, 2022; 81:101332-1-101332-14
dc.identifier.doi10.1016/j.irfa.2019.01.012
dc.identifier.issn1057-5219
dc.identifier.issn1873-8079
dc.identifier.orcidPham, T.P. [0000-0002-8078-9659]
dc.identifier.urihttp://hdl.handle.net/2440/125598
dc.language.isoen
dc.publisherElsevier
dc.rights© 2019 Elsevier Inc. All rights reserved.
dc.source.urihttps://doi.org/10.1016/j.irfa.2019.01.012
dc.subjectCEO gender; Credit access; Vietnam
dc.titleFemale leadership and borrowing constraints: Evidence from an emerging economy
dc.typeJournal article
pubs.publication-statusPublished

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