Do female CEOs handle crises better? Evidence from the COVID-19 pandemic

John Thornton; Chrysovalantis Vasilakis

doi:10.17811/ebl.13.3.2024.158-171

Do female CEOs handle crises better? Evidence from the COVID-19 pandemic

John Thornton, Chrysovalantis Vasilakis

Norwich Business School

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Abstract

We examine whether firm performance in response to the shock of the COVID pandemic differed depending upon whether the CEO was female or male. We find that though female CEOs do not consistently demonstrate better management across all periods, following the shock, firms run by female CEOs were more profitable, more highly valued and more risk averse than firms run by male CEOs.

Original language	English
Pages (from-to)	158-171
Number of pages	14
Journal	Economics and Business Letters
Volume	13
Issue number	3
Early online date	10 Jul 2024
DOIs	https://doi.org/10.17811/ebl.13.3.2024.158-171
Publication status	Published - Sep 2024

Keywords

COVID-19
female CEOs
firm performance

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EBL_2024_Vol13_Is3_5_158-171_Thornton_vDFinal published version, 317 KBLicence: CC BY-NC-ND

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Do female CEOs handle crises better? Evidence from the COVID-19 pandemic

Abstract

Keywords

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