Annals of Business, Finance and Management

Women-Led Businesses

Abstract


Tinzim Nimme

In recent decades, many male???dominated jobs haven contracted, while many female???dominated jobs have increased. Scholars have tied these changes to men’s declining employment rates; yet, little attention has been paid to unemployed men’s consideration of work associated with women. The impacts of crises are never gender-neutral, and the COVID-19 pandemic is no exception. Using a brandnew 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. The ongoing COVID-19 pandemic and its resulting business closures have inflicted tremendous losses to the global economy. Moreover, the pandemic has wreaked havoc on global businesses in the aspects of corporate finance policy outcomes, stock price
fluctuations environmental and social policy responses.

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