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Do women lag behind men? A matched-sample analysis of the dynamics of gender gaps

机译:女人会落后于男人吗?性别差距动态的匹配样本分析

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Existing research suggests that female-owned firms are not as successful as those owned by men. However, there is a distinct possibility that the performance measures employed in these studies have failed to control for the level of heterogeneity that may be inherent in the firms that were assessed during these studies. This study employed a matched sample approach to determine whether gaps in success, such as survival rate, outcomes, growth, and financial capital injection, between male- and female-owned businesses are eradicated when heterogeneity is controlled for within the models employed. We matched 430 female-owned business with male-owned equivalents that had the same human capital profile in terms of age, level of education, experience, and race; the same working preferences in terms of factors such as number of hours worked per week and whether the business was run from home or an office; and the same industry in terms of high-tech, medium-tech and non-tech. We found that female-owned firms have the same rate of survival as their male-owned counterparts and that the growth rate exhibited by female-owned businesses in terms of factors such as total assets, employment, profit, and sales, is the equivalent of male-owned firms. We did not detect any gender gaps in terms of business performance. Furthermore, the results indicated that, while the firms that are started by women start smaller and stay smaller, they do not lag behind those started by males in terms of business performance. The findings of this research hold particular interest for scholars, researchers, policy makers, investors, and financiers. Above all else, they should offer women who are considering commencing their own venture some confidence that they have the same chance of succeeding as their male counterparts.
机译:现有研究表明,女性拥有的公司没有男人拥有的公司成功。但是,在这些研究中采用的绩效指标很可能无法控制在这些研究中评估的公司所固有的异质性水平。这项研究采用匹配的样本方法来确定在所采用的模型中控制异质性时,是否消除了男性和女性所有企业之间的成功差距,例如生存率,成果,增长和金融资本注入。我们将430家女性所有企业与男性同等企业配对,这些企业在年龄,教育程度,经验和种族方面具有相同的人力资本状况;在诸如每周工作小时数以及企业是在家还是在办公室等因素方面,工作偏好是相同的;在高科技,中型技术和非技术方面处于同一行业。我们发现,女性拥有的公司与男性拥有的公司具有相同的生存率,并且女性拥有的企业在总资产,就业,利润和销售等方面表现出的增长率相当于男性所有的公司。在业务绩效方面,我们没有发现任何性别差距。此外,结果表明,尽管由女性创办的公司规模较小且规模较小,但在业务绩效方面却不落后于男性创办的公司。这项研究的发现特别引起学者,研究人员,政策制定者,投资者和金融家的兴趣。最重要的是,他们应该为正在考虑开始自己的事业的女性提供一定的信心,使她们与男性有同样的成功机会。

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