Do Female Executives Play the Same Role in Determining Firm Performance Across Industries in China?

Xinyue Zhang, Changzheng Zhang
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Abstract

Taking 9416 firm-year observations from 856 A-share listed companies in China over 2006-2016 as the research sample, the paper concentrates on female executives’ performance consequences and provides comparative investigations on such consequences across industries. In terms of industry perspective, female-friendly, female-neutral and female-discriminative industries are identified, in which enterprises respectively enjoy positive, zero and negative performance consequences of female executives. In general, female-friendly industries have the characteristics of consumer-oriented, while female-discriminative industries have the characteristics of high-growth or high-tech.
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中国各行业女性高管在决定公司绩效方面是否发挥了同样的作用?
本文以2006-2016年中国856家a股上市公司的9416个公司年度观察数据为研究样本,重点研究女性高管的绩效后果,并对不同行业的绩效后果进行比较调查。从行业角度来看,确定了女性友好型、女性中立型和女性歧视型行业,其中女性高管的绩效后果分别为正、零和负。一般来说,女性友好型产业具有消费者导向的特征,而女性歧视型产业具有高增长或高科技的特征。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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