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We model theoretically the optimal capital structure of entrepreneurial firm relying on an endogenous estimation of the return requested by entrepreneurs that compensates for the risk they incur in case of bankruptcy. We estimate the probability according to the Bayesian approach. We also...
Persistent link: https://www.econbiz.de/10013008393
We analyze a matched employer-employee panel data set and find that female leadership has a positive effect on female wages at the top of the distribution, and a negative one at the bottom. Moreover, performance in firms with female leadership increases with the share of female workers. This...
Persistent link: https://www.econbiz.de/10010423756
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We investigate the effects of female executives on gender-specific wage distributions and firm performance. We find that female leadership has a positive impact at the top of the female wage distribution and a negative impact at the bottom. Moreover, the impact of female leadership on firm...
Persistent link: https://www.econbiz.de/10012978102
We analyze a matched employer-employee panel data set and find that female leadership has a positive effect on female wages at the top of the distribution, and a negative one at the bottom. Moreover, performance in firms with female leadership increases with the share of female workers. This...
Persistent link: https://www.econbiz.de/10013044409
Persistent link: https://www.econbiz.de/10011581093
Persistent link: https://www.econbiz.de/10012118821
Persistent link: https://www.econbiz.de/10010440168
We investigate the effects of female executives on gender-specific wage distributions and firm performance. We find that female leadership has a positive impact at the top of the female wage distribution and a negative impact at the bottom. Moreover, the impact of female leadership on firm...
Persistent link: https://www.econbiz.de/10012455803