Gender diversity in leadership and firm performance: evidence from the Czech Republic
The paper examines the effect of gender composition of executive body on financial performance and financial health of the firms. The data of more than thousand Czech travel agencies and tour operators for the period 2008–2015 was employed in the paper. To test the relationship between firm performa...
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Vilnius Gediminas Technical University
2021-01-01
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doaj-108aa30141f544d5a5ed81c5fb33c0512021-08-17T11:02:45ZengVilnius Gediminas Technical UniversityJournal of Business Economics and Management1611-16992029-44332021-01-0122115618010.3846/jbem.2020.1368013680Gender diversity in leadership and firm performance: evidence from the Czech RepublicVeronika Hedija0Daniel Němec1Department of Economic Studies, College of Polytechnics Jihlava, Jihlava, Czech RepublicDepartment of Economics, Masaryk University, Faculty of Economics and Administration, Brno, Czech RepublicThe paper examines the effect of gender composition of executive body on financial performance and financial health of the firms. The data of more than thousand Czech travel agencies and tour operators for the period 2008–2015 was employed in the paper. To test the relationship between firm performance and gender diversity in leadership, the regression model was applied. After using alternative measurement for gender diversity of executive body and controlling for firm size, firm age, executive body size, leverage ratio and industry, the results have shown that the gender composition of executive body has no statistically significant effect on both firm performance and financial health of firms. The study deepens empirical knowledge about the relationship between gender diversity of executive body and corporate performance and financial health and brings new insights into the link between these phenomena in the Czech Republic. First published online 17 November 2020https://journals.vgtu.lt/index.php/JBEM/article/view/13680genderwomen in leadershipgender diversityfinancial performancefinancial healthbankruptcy models |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Veronika Hedija Daniel Němec |
spellingShingle |
Veronika Hedija Daniel Němec Gender diversity in leadership and firm performance: evidence from the Czech Republic Journal of Business Economics and Management gender women in leadership gender diversity financial performance financial health bankruptcy models |
author_facet |
Veronika Hedija Daniel Němec |
author_sort |
Veronika Hedija |
title |
Gender diversity in leadership and firm performance: evidence from the Czech Republic |
title_short |
Gender diversity in leadership and firm performance: evidence from the Czech Republic |
title_full |
Gender diversity in leadership and firm performance: evidence from the Czech Republic |
title_fullStr |
Gender diversity in leadership and firm performance: evidence from the Czech Republic |
title_full_unstemmed |
Gender diversity in leadership and firm performance: evidence from the Czech Republic |
title_sort |
gender diversity in leadership and firm performance: evidence from the czech republic |
publisher |
Vilnius Gediminas Technical University |
series |
Journal of Business Economics and Management |
issn |
1611-1699 2029-4433 |
publishDate |
2021-01-01 |
description |
The paper examines the effect of gender composition of executive body on financial performance and financial health of the firms. The data of more than thousand Czech travel agencies and tour operators for the period 2008–2015 was employed in the paper. To test the relationship between firm performance and gender diversity in leadership, the regression model was applied. After using alternative measurement for gender diversity of executive body and controlling for firm size, firm age, executive body size, leverage ratio and industry, the results have shown that the gender composition of executive body has no statistically significant effect on both firm performance and financial health of firms. The study deepens empirical knowledge about the relationship between gender diversity of executive body and corporate performance and financial health and brings new insights into the link between these phenomena in the Czech Republic.
First published online 17 November 2020 |
topic |
gender women in leadership gender diversity financial performance financial health bankruptcy models |
url |
https://journals.vgtu.lt/index.php/JBEM/article/view/13680 |
work_keys_str_mv |
AT veronikahedija genderdiversityinleadershipandfirmperformanceevidencefromtheczechrepublic AT danielnemec genderdiversityinleadershipandfirmperformanceevidencefromtheczechrepublic |
_version_ |
1721205155503800320 |