Female executives’ influence on competitive strategies in tourism enterprises: A study on the moderating role of managerial shortsightedness

IF 6.9 2区 经济学 Q1 BUSINESS, FINANCE Finance Research Letters Pub Date : 2025-04-01 Epub Date: 2025-02-16 DOI:10.1016/j.frl.2025.106992
Zuwu Hu, Ling Liu
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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.
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旅游企业女性高管对竞争战略的影响:管理短视的调节作用研究
竞争战略是旅游企业成功的核心,它通过市场定位引导旅游企业的发展。本文采用2011 - 2021年34家中国旅游企业的面板数据,运用工具变量法,评估女性高管对旅游企业竞争战略的影响。研究结果表明,女性高管对提升旅游企业竞争战略具有积极影响。然而,作为一个调节变量,管理短视削弱了女性高管在这些企业内促进竞争战略的积极作用。
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来源期刊
Finance Research Letters
Finance Research Letters BUSINESS, FINANCE-
CiteScore
11.10
自引率
14.40%
发文量
863
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
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