Gender diversity and firm performance: evidence from India and Singapore

ABSTRACT

This study investigates if gender diversity on boards is an effective driver of financial performance. For this purpose, this study choses two countries, one of which has the soft law approach (Singapore) while the other has mandatory requirements (India) on corporate boards gender diversity. By doing so, it examines if there is a comparability between the listed firms of the two countries. Our results suggest that the gender diversity has a positive and significant effect on the financial performance of the firms of both the countries. Although, the gender diversity of the two countries does not seem to affect the growth opportunities of both the countries. Further, our results indicate that the board characteristics affect the performance positively and significantly when the sample is divided into five quantiles for the firms in these two countries. These findings have implications to the managerial decision making and relevance to stewardship theory and resource dependency theory.     

When do female-owned businesses out-survive male-owned businesses? A disaggregated approach by industry and geography

Studies have invoked several theoretical perspectives to explain differences between female-owned businesses and male-owned businesses. Yet, few have considered the possibility that differential outcomes between female-owned businesses and male-owned businesses vary from setting to setting, an insight that we derive by combining social constructionism with feminist theory. We articulate hypotheses regarding the outcome of business survival duration based on this insight. Then, using a dataset of one million Texan proprietorships, we test these hypotheses by estimating separate gender effects for many individual industries and geographic areas. We find that female-owned businesses consistently out-survive male-owned businesses in many industries and areas.     

Fashion leadership,shopping enjoyment,and gender: Hispanic versus,Caucasian consumers׳ shopping preferences

The purpose of this study was to examine the role of gender and ethnicity of Hispanic and Caucasian Gen Y consumers as they impact fashion leadership and shopping enjoyment. Previous research comparing these groups on fashion leadership is limited. Results indicated that differences exist between ethnic groups, between genders, and between genders within the Hispanic group and among Hispanic fashion leaders. In general, Hispanics indicated higher levels of fashion leadership and shopping enjoyment. In addition, the research has implications regarding shopping channels and clothing idea sources among levels of Hispanic fashion leadership.     

Shedding gender stigmas: Work-life balance equity in the 21 century

The gender stigma of work-life balance (WLB) policies as concessions for mothers and female caregivers originated with the push by the Women's Movement for gender workplace equity in the late 20^th century. Unfortunately, this perception continues in the 21^st century and retains the additional stigma of employee participation in these policies—regardless of gender—as a detrimental career move. Thus, home and work responsibilities for professionals of all genders who desire more occupational flexibility remain unreconciled. Despite this dominant national and international outlook, this article encourages new century organizations and professionals to reject the traditional perception of occupational inequity through gender-colored glasses and instead contemplate the benefits of WLB policies void of gender stigmas. Specifically, organizations could re-create workplace culture with stigma-free WLB policies through administrative leaders’ embracement of and participation in such policies, which may pave the way for establishing occupational equity. Through workplace culture re-creation, organizations may then offer employees—regardless of gender, marital status, or company position—flexible work options to assist them in leading happy, healthy, and more productive lives.     

Consumer creativity: Effects of gender and variation in the richness of vision and touch inputs

This study investigates the influence of vision and touch inputs and gender on the creativity of consumer-derived product concepts. Manipulating vision and touch richness affects how much information is apprehended from product components. Tests include solid three-dimensional components (rich inputs) and line-diagram two-dimensional components (impoverished inputs). In a controlled laboratory setting, consumers imagined products, and the product concepts' creativity was assessed on functionality and novelty. Results show that higher vision levels and touch inputs enhance the product concept's functionality, while lower levels of vision and touch inputs enhance novelty. Gender modestly affects both functionality and novelty, with women generally more creative in designing products than men.     

A comparison of online and offline gender and goal directed shopping online

The aim of this paper is to model the effect of the consumers’ perceptions of their offline and online gendered behaviour on online utilitarian shopping motivation and purchase intentions. We hypothesise that when consumers shop online, their behaviour is mediated by two gendered behaviours, namely offline and online. To test this hypothesis, 515 usable responses were collected in face-to-face interviews. The conceptual model was tested with confirmatory factors analysis (CFA) and structural equation modelling (SEM) across five product categories. Our findings show that the effect of a consumer's perception of their gendered behaviour offline vs. online on online utilitarian shopping motivation and purchase intentions is significantly different. In particular we found that utilitarian shopping motivation online has a significant effect on purchase intentions online mediated by gender (online) overall: strongly for females but not for males. Conversely, utilitarian shopping motivation online has a significant effect on purchase intentions online mediated by gender (offline) for males but not overall and for females.     

The parochial realm,social enterprise and gender: the work of Catharine Cappe and Faith Gray and others in York, 1780–1820

Catharine Cappe and Faith Gray, and a wider group of women to whom they had strong network ties, founded a number of philanthropic enterprises in York, England, in the 1780s. Their activities were largely focused on the provision of sickness benefits to single and married women and the management of schools for girls that had a substantial occupational training element. The social enterprises they formed or operated were long-lasting – in the case of the York Female Friendly Society (YFFS) operating well into the twentieth century. The article considers the role of parochial networks in creating and sustaining social enterprises in the late Georgian period and the ways in which the women’s activities were both shaped by gender, and in turn, shaped gender relations.     

“Girlfriend getaway” as a contested term: Discourse analysis

All-female leisure travel is a fast growing tourism market segment that is frequently called “girlfriend getaways.” This study explored the meanings associated with the “girlfriend getaway” term, using discourse analysis to understand the ways women build significance, activities, identities, relationships, politics, connections, and sign systems and knowledge with respect to it. Eleven focus groups and 15 individual interviews were conducted with 83 American and Canadian women. The analysis revealed that “girlfriend getaway” is a term with contested and polysemous meanings. While some women found it to be adequate, accurate, cute, and reflective of their all-female tourist experiences, others described it as stereotypical, narrow/claustrophobic, “pink,” inadequate, and unreflective of their experiences. At times, the same symbolic meanings attracted some women but alienated others. Thus, tourism marketers need to identify and engage with different strands within their female clientele to ensure that their strategies appropriately respond to various preferences and lifestyles.     

A contextual study of female-leader role stereotypes in the hotel sector

Guided by the role congruity theory (RCT), this paper examines the mismatch in female-leader role stereotypes and how this mismatch may lead to prejudicial evaluations against female leaders. It also tests how gender equality practices and leadership development programmes (LDPs) may mitigate prejudicial evaluations against female leaders. Following a quantitative approach, this study uses a paired sample t-test and linear approach (i.e. multiple regression) to model the relationships and test the hypotheses formulated. Drawing on a survey of 392 employees working in 4- and 5-star hotels in Jordan, the study shows that employees stereotype successful leaders to be more masculine than feminine while they attribute both feminine and masculine stereotypes to women. There is, thus, an element of congruity in female-leader role stereotypes which reduces prejudicial evaluations against female leaders. Moreover, the results indicate that gender equality practices and LDPs significantly enhance the emergence and effectiveness of women leaders. The importance of this study derives from extending the RCT through a contextual investigation in the hotel sector in Jordan. This was done by considering two additional constructs, i.e. gender equality practices and LDPs that mitigate prejudice against female leaders.     

Gender and economic performance: Evidence from the Spanish hotel industry

Recent research suggests that the stereotype of underperformance attributed to female management may not be the result so much of poorer management skills as to using unsuitable comparative performance measures, as well as not taking into account structural characteristics that may be detrimental to the financial performance of companies managed by women. Gender differences with regards to conditions and business goals can result in female underperformance when performance measures relate to firm size, such as total sales, assets, or profits. When appropriate measures of relative performance are used, women and men are likely to prove equally effective business managers. Using longitudinal panel data on a large sample of Spanish hotel firms, there are few differences found when growth and profitability are compared by gender within a bivariate framework. What's more, when a regression model designed to control other performance determining factors is estimated, the results show better management by women than by men. As such, the research provides evidence that stereotypes of women as poor performers must be abolished, and the glass ceiling preventing entry of women into management positions shattered.