Women's Leadership and Pragmatism Incidences on Performance of Listed Family-Owned Firms in the Cultural Context of Arab Countries
| Autor: | Taib Berrada El Azizi, Badr Habba, Azzeddine Allioui |
|---|---|
| Přispěvatelé: | LAREGO Laboratory, ENCG, Cadi Ayyad University, Marrakesh, Morocco, Chair of Moroccan Family businesses, ESCA Ecole de Management, Casablanca, Morocco |
| Jazyk: | angličtina |
| Rok vydání: | 2021 |
| Předmět: |
Economic growth
Pragmatism media_common.quotation_subject Economics Econometrics and Finance (miscellaneous) Cultural context Sample (statistics) Context (language use) financial performance 5. Gender equality women's leadership JEL: G - Financial Economics/G.G3 - Corporate Finance and Governance/G.G3.G34 - Mergers • Acquisitions • Restructuring • Corporate Governance Accounting Political science female leadership 0502 economics and business transformational leadership Leadership style Business and International Management Control sample media_common [QFIN.GN]Quantitative Finance [q-fin]/General Finance [q-fin.GN] Financial performance family business risk-taking 05 social sciences 16. Peace & justice JEL: G - Financial Economics/G.G3 - Corporate Finance and Governance/G.G3.G32 - Financing Policy • Financial Risk and Risk Management • Capital and Ownership Structure • Value of Firms • Goodwill Transformational leadership [SHS.GESTION]Humanities and Social Sciences/Business administration 050211 marketing [SHS.GENRE]Humanities and Social Sciences/Gender studies 050203 business & management |
| Zdroj: | International Journal of Financial Research International Journal of Financial Research, 2021, Vol. 12, No. 3, Special Issue, May, 2021, 12 (3), pp.251. ⟨10.5430/ijfr.v12n3p251⟩ |
| ISSN: | 1923-4023 |
| DOI: | 10.5430/ijfr.v12n3p251⟩ |
| Popis: | International audience; This research paper aims to study the level and determinants of the financial performance of family businesses, according to the gender of the board of directors' chairman in the Arab world. Our research approach is based on a sample of 152 listed family-owned businesses and a control sample of 166 listed non-family businesses over the 2011-2018 periods. The research results indicate that the female gender issue has a positive influence on the financial performance of businesses with family ownership. This is explained by the fact that women leaders have a prudent and pragmatic leadership style that limits stereotypical images of women presidents' leadership style in the Arab world. This result is original since it can be considered as the first one to ever clarify the relationship between female leadership in the board of directors, risk-taking, and financial performance in the context of family ownership in the Arab countries. |
| Databáze: | OpenAIRE |
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