We study the association between firms' entrepreneurial outcomes and their gender composition. Though highly topical, there is little solid empirical knowledge of this issue, which calls for an inductive approach. We match a paired-respondent questionnaire survey with population-wide employer-employee data, and find evidence that the presence of female top managers is positively related to entrepreneurial outcomes in established firms. Yet, this relation is conditional on the proportion between male and female top managers. Another finding is that the overall proportion of women in the firm's workforce negatively moderates the relation between female top managers and entrepreneurial outcomes. We discuss various mechanisms that can explain these findings, and argue that they are best understood in terms of the dynamics of social categorization.

Publication information

Original languageEnglish
JournalStrategic Management Journal
Issue number3
Pages (from-to)487–505
StatePublished - 2017

    Research areas

  • Female leadership advantage, Gender composition, Top-management teams, Entrepreneurship, Social categorization

ID: 45429246