TY  - BOOK
AU  - Izumi,Yutaro
AU  - Shigeoka,Hitoshi
AU  - Yagasaki,Masayuki
ED  - National Bureau of Economic Research.
TI  - CEO Gender Bias in the Formation of Firm-to-Firm Transactions
T2  - NBER working paper series
PY  - 2023///
CY  - Cambridge, Mass.
PB  - National Bureau of Economic Research
KW  - Firm Behavior: Empirical Analysis
KW  - jelc
KW  - Economics of Gender • Non-labor Discrimination
N1  - August 2023; Hardcopy version available to institutional subscribers
N2  - While female CEOs are under-represented, the barriers they face in the business environment remain poorly understood. This study investigates the influence of gender bias in forming CEOs' business networks. Using transaction data of 1 million Japanese firms, we find that CEOs of the same gender significantly trade more than those of the opposite gender, mostly driven by small- and medium-sized firms in which CEOs presumably have a strong involvement in transactions. As most CEOs are male, such same-gender bias reduces the trading opportunities for females relative to male CEOs. Regarding mechanisms, our survey reveals both the existence of barriers that impede male CEOs from becoming acquainted with female CEOs and the tendency for male CEOs to prefer interacting with male CEOs over female CEOs
UR  - https://www.nber.org/papers/w31616
UR  - http://dx.doi.org/10.3386/w31616
ER  -