{"title":"Female executives’ influence on competitive strategies in tourism enterprises: A study on the moderating role of managerial shortsightedness","authors":"Zuwu Hu, Ling Liu","doi":"10.1016/j.frl.2025.106992","DOIUrl":null,"url":null,"abstract":"<div><div>Competitive strategy is at the core of tourism enterprises’ success, as it guides their development through market positioning. This paper uses panel data from 34 Chinese tourism enterprises from 2011 to 2021, along with instrumental variable methods, to assess the influence of female executives on competitive strategies in tourism enterprises. The results indicate that female executives have a positive influence in enhancing the competitive strategies of tourism enterprises. However, as a moderating variable, managerial shortsightedness weakens the positive role of female executives in promoting competitive strategies within these enterprises.</div></div>","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":"76 ","pages":"Article 106992"},"PeriodicalIF":7.4000,"publicationDate":"2025-02-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Finance Research Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1544612325002569","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
Abstract
Competitive strategy is at the core of tourism enterprises’ success, as it guides their development through market positioning. This paper uses panel data from 34 Chinese tourism enterprises from 2011 to 2021, along with instrumental variable methods, to assess the influence of female executives on competitive strategies in tourism enterprises. The results indicate that female executives have a positive influence in enhancing the competitive strategies of tourism enterprises. However, as a moderating variable, managerial shortsightedness weakens the positive role of female executives in promoting competitive strategies within these enterprises.
期刊介绍:
Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies.
Papers are invited in the following areas:
Actuarial studies
Alternative investments
Asset Pricing
Bankruptcy and liquidation
Banks and other Depository Institutions
Behavioral and experimental finance
Bibliometric and Scientometric studies of finance
Capital budgeting and corporate investment
Capital markets and accounting
Capital structure and payout policy
Commodities
Contagion, crises and interdependence
Corporate governance
Credit and fixed income markets and instruments
Derivatives
Emerging markets
Energy Finance and Energy Markets
Financial Econometrics
Financial History
Financial intermediation and money markets
Financial markets and marketplaces
Financial Mathematics and Econophysics
Financial Regulation and Law
Forecasting
Frontier market studies
International Finance
Market efficiency, event studies
Mergers, acquisitions and the market for corporate control
Micro Finance Institutions
Microstructure
Non-bank Financial Institutions
Personal Finance
Portfolio choice and investing
Real estate finance and investing
Risk
SME, Family and Entrepreneurial Finance