Is there an employee-based gender gap in informal financial markets? International evidence

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2 Citations (Scopus)

Abstract

We study the impact of female production workers on firms' access to trade credits across the world. Using two sources of plausibly exogenous variations in gender bias and a difference-in-differences framework, we document that firms with more female production workers have less access to trade credits in countries with stronger gender beliefs that favor males. This relationship is largely driven by firms in industries with unexpected credit shortages and industries dominated by males. Since female firms rely more on informal finance, this study is relevant for policies that direct female firms towards formal credit markets in highly gender-biased places.
Original languageEnglish
Article number101737
Number of pages25
JournalJournal of Corporate Finance
Volume65
Early online date16 Sep 2020
DOIs
Publication statusPublished - Dec 2020

Keywords

  • Gender bias
  • Trade credit
  • Plough
  • Female employee

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