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

John Thornton, Chrysovalantis Vasilakis

Research output: Contribution to journalArticlepeer-review

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 languageEnglish
JournalEconomics and Business Letters
Volume13
Issue number3
Publication statusAccepted/In press - 29 Apr 2024

Keywords

  • COVID-19
  • female CEOs
  • firm performance

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