COVID-19 and Women-Led Businesses around the World

The impacts of crises are never gender-neutral, and the COVID-19 pandemic is no exception. Using a brand-new dataset covering 24 countries, we document that women-led businesses are subject to a higher likelihood of closure and a longer closure duration than men-led businesses during the pandemic. W...

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Detalles Bibliográficos
Autores principales: Liu, Yu, Wei, Siqi, Xu, Jian
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Inc. 2021
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8596885/
https://www.ncbi.nlm.nih.gov/pubmed/34803532
http://dx.doi.org/10.1016/j.frl.2021.102012
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author Liu, Yu
Wei, Siqi
Xu, Jian
author_facet Liu, Yu
Wei, Siqi
Xu, Jian
author_sort Liu, Yu
collection PubMed
description The impacts of crises are never gender-neutral, and the COVID-19 pandemic is no exception. Using a brand-new dataset covering 24 countries, we document that women-led businesses are subject to a higher likelihood of closure and a longer closure duration than men-led businesses during the pandemic. Women business leaders are also more pessimistic about the future than men business leaders. The disadvantages suffered by women-led businesses widen in high gender inequality economies and developing economies. Our results further indicate that finance and labor factors are likely to be the major contributors to these disadvantages. We suggest that COVID-19′s policy response should not be gender-neutral.
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spelling pubmed-85968852021-11-17 COVID-19 and Women-Led Businesses around the World Liu, Yu Wei, Siqi Xu, Jian Financ Res Lett Article The impacts of crises are never gender-neutral, and the COVID-19 pandemic is no exception. Using a brand-new dataset covering 24 countries, we document that women-led businesses are subject to a higher likelihood of closure and a longer closure duration than men-led businesses during the pandemic. Women business leaders are also more pessimistic about the future than men business leaders. The disadvantages suffered by women-led businesses widen in high gender inequality economies and developing economies. Our results further indicate that finance and labor factors are likely to be the major contributors to these disadvantages. We suggest that COVID-19′s policy response should not be gender-neutral. Elsevier Inc. 2021-11 2021-03-09 /pmc/articles/PMC8596885/ /pubmed/34803532 http://dx.doi.org/10.1016/j.frl.2021.102012 Text en © 2021 Elsevier Inc. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Liu, Yu
Wei, Siqi
Xu, Jian
COVID-19 and Women-Led Businesses around the World
title COVID-19 and Women-Led Businesses around the World
title_full COVID-19 and Women-Led Businesses around the World
title_fullStr COVID-19 and Women-Led Businesses around the World
title_full_unstemmed COVID-19 and Women-Led Businesses around the World
title_short COVID-19 and Women-Led Businesses around the World
title_sort covid-19 and women-led businesses around the world
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8596885/
https://www.ncbi.nlm.nih.gov/pubmed/34803532
http://dx.doi.org/10.1016/j.frl.2021.102012
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