Gender Interactions Within the Family Firm

Mario Daniele Amore, Orsola Garofalo, Alessandro Minichilli

Publikation: Bidrag til tidsskriftTidsskriftartikelForskningpeer review


We analyze whether gender interactions at the top of the corporate hierarchy affect corporate performance. Using a comprehensive data set of family-controlled firms in Italy, we find that female directors significantly improve the operating profitability of female-led companies. To mitigate endogeneity concerns, we assess executive transitions using a triple-difference approach complemented by propensity score matching and instrumental variables. Finally, we show that the positive effect of female interactions on profitability is reduced when the firm is located in geographic areas characterized by gender prejudices and when the firm is large.
TidsskriftManagement Science
Udgave nummer5
Sider (fra-til)1083-1097
StatusUdgivet - 2014
Udgivet eksterntJa