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With role models being seen as central for developing women as leaders, recent research has been critical of messages that contemporary elite businesswomen role models promote. But how do women actually relate to female business 'superstar' role models' messages? We argue that the implicit assumption that role models' effects may be understood through exploring exclusively the kind of messages they send is problematic. Through introducing active audience theory, specifically de Certeau's concepts of 'tactics' and 'strategy', to analyse interviews with women who read autobiographies of business celebrity role models, we identify three key tactics in which female role aspirants engage with role models' messages: tactics of confirmation, namely a selective adoption of intended messages; tactics of challenge, namely a contestation of messages; and tactics of change, through which unscripted meanings of collective consciousness and support for other women emerge. In doing so, the paper offers a novel way of theorising the influence of distant role models – as emerging from a process of co‐creation in the 'in‐between' space. We argue that theorising the role of models' influence as co‐creation allows us to systematically incorporate role aspirants' perceptions into the role‐modelling process and to further understand the unscripted and unforeseen effects of role models. [ABSTRACT FROM AUTHOR]

This article responds to increasing discourses on digital social innovation (DSI) from the perspectives of women entrepreneurs. Using the individual differences theory of gender and information technology (IDTGIT), this research explores how digital technology is used by women entrepreneurs to create opportunities in response to the challenges associated with individual identity, individual influences, social influences and structural influences. We also extend the IDTGIT by exploring how technology is used by women entrepreneurs in their DSI ventures and how technology facilitates the social impact of such ventures. This paper draws on a qualitative study using interviews with 17 women entrepreneurs in Australia, and our findings indicate that individual identity, individual influences and social and structural influences play a significant role in inhibiting women entrepreneurs' business ventures but technology helps to create opportunities for women entrepreneurs to address these factors. We also found that technology plays a role in helping women entrepreneurs to pursue social innovation in two different ways: through social innovation that is embodied by technology and social innovation that is enabled by technology. Our findings further indicate the social impact of DSI in the areas of education, employment, environment and climate, community development and progress and healthcare. The theoretical and practical implications of DSI for women entrepreneurs are provided. [ABSTRACT FROM AUTHOR]

This paper explores the links between entrepreneurship, emancipation and gender within the international development arena. Through a longitudinal analysis of a micro-enterprise development project in which intermediary organizations contract traditional handicrafts from female home-based producers, we focus on the impact of contracting policies on the ability of the desperately poor to improve their disadvantaged position. Our critical analysis reveals how intermediaries who impose exclusive contracting conditions, supposedly to protect the women's interests, actually constrain the emancipatory potential of the women's entrepreneurial activities. However, such contractual limitations generate collaborative networks enabling the women to challenge these constraints in an effort to assert control over their activities. Accordingly, this paper contributes to contemporary debates concerning the emancipatory potential of entrepreneurship within the context of development. We advance this analysis through a gendered evaluation of the role of intermediary organizations on entrepreneurial emancipation and related empowerment. [ABSTRACT FROM AUTHOR]

This paper focuses on gender diversity on the boards of Spanish agricultural cooperatives. Specifically, it examines the effect that gender diversity on the board exerts on returns, debt level, and economic risk. Cooperatives differ significantly from investor‐owned firms because cooperative members are producers, agents, and customers of the cooperatives. In Spain, there is an ongoing debate about the importance of women in business management. Spain is also a pioneer in terms of enacting specific legislation for the social economy. The sample examined includes 672 agricultural cooperatives. The results show that firms with greater female representation on their boards have higher returns and operational risk and lower levels of debt. [EconLit Classifications: J16, J54, Q13]. [ABSTRACT FROM AUTHOR]

This paper explores whether a board's gender diversity influences the voluntary formation of its board subcommittees. Female board directorship may become a business strategy for firms if it affects the appointment of board subcommittees. We hypothesize that the voluntary creation of board subcommittees is affected by the presence of female directors on boards; the presence of independent, executive, and institutional female directors; and the proportion of shares held by female directors on boards. Board gender diversity has been measured as a proportion and with Blau's index. The results show that independent female directors are positively associated with the likelihood of voluntarily setting up all or some of the committees and a supervision and control committee. The presence of executive female directors negatively influences the probability of forming all or some of the committees, an executive committee and a supervision and control committee. The percentage of shares held by female directors has a positive effect on the voluntary creation of an executive committee. The findings also report that women directors and institutional female directors do not contribute to the voluntary creation of board subcommittees. Our evidence shows that female board directorship impacts the demand of internal control mechanisms such as board subcommittees, suggesting that firms should take it into account as a business strategy. The main implications derived from this research are relevant for Spanish policymakers and researchers because board gender diversity may play a significant role in the decision‐making processes of firms and may influence firms' outcomes. [ABSTRACT FROM AUTHOR]

Objective: Gaps in gender‐based equity persist in academic otolaryngology. Here we present a needs‐based assessment of otolaryngology faculty and trainees regarding facilitators and barriers to professional satisfaction and career development in academic medicine. Methods: A qualitative study of otolaryngology faculty, trainees, and administrators who identify as women at an academic tertiary care center was performed from 2020 to 2021 using focus groups and semi‐structured interviews. Five confidential, virtual focus group sessions moderated by a third‐party executive coach were audio‐taped, transcribed, and reviewed for thematic content. Results: Of 48 women invited, 77% participated (18 faculty/administrative leaders, 10 residents/fellows, 4 audiologists). Participants noted direct patient care, support from colleagues who identify as women, and the transition to virtual meetings as facilitators of current professional satisfaction. Five themes emerged as barriers to workplace satisfaction and career development including (1) limited professional schedule flexibility, (2) competing commitments such as childcare exacerbated by pandemic, (3) lack of visible departmental leadership who identify as women, (4) perceived lack of organic sponsorship within subspecialty divisions, and (5) frequent identity‐associated microaggressions from patients and staff outside the department. Strategies identified for improving gender‐based equity included (1) promoting department‐wide awareness of workplace gender‐based differences, (2) implicit bias training within established programming such as grand rounds conferences, and (3) novel faculty programming such as leadership development training and formal junior faculty mentorship. Conclusion: Confidential needs‐based assessment of otolaryngology faculty and trainees identified both persistent gaps and strategies to enhance recruitment, support career development, and grow professional satisfaction of women within academic otolaryngology. Level of Evidence: 3. [ABSTRACT FROM AUTHOR]

An equitable distribution of economic benefits from the recent growth of e‐commerce in Pakistan requires inclusive adoption of formal digital marketplaces. The available literature and focused discussions reveal that most women‐led businesses rely on informal e‐commerce managed through social media applications and have incomplete and often incorrect information on the benefits and choices related to the formal platforms. To inform and motivate women‐led micro, small and medium enterprises, this study deploys an information treatment through a randomised control trial of 300 women entrepreneurs in large urban centres of Pakistan. Results show that women entrepreneurs were responsive to the information, as the treated businesses were 10 percentage points more likely to opt for formal e‐commerce than the control group. The study is policy relevant as the methodology allows simple and inexpensive replication to scale up the treatment for better business growth for women entrepreneurs in Pakistan. [ABSTRACT FROM AUTHOR]

This study examines whether internet usage among micro and small enterprises (MSEs) could influence household membersʼ use of the internet in terms of intensity as well as usage for productive activities. Using longitudinal data from MSEs in Yogyakarta, Indonesia, covering the period before and during the COVID‐19 pandemic, the study finds that more intensive use of the internet by female entrepreneurs is positively associated with at least an 8 percentage‐point higher probability of internet use for school‐related purposes by household members. Findings from qualitative analysis indicate that female entrepreneurs who are intensive users of the internet are more effective in persuading their household members to accept use of the internet especially for purposes related to their domain of responsibilities, such as childrenʼs education. We argue that policymakers should focus on improving digital literacy among female entrepreneurs as an affirmative action policy to ensure they can enjoy the maximum benefits that digitalisation has to offer. [ABSTRACT FROM AUTHOR]

We measure the impact of an edutainment television programme specifically designed to promote entrepreneurship among young adult viewers in Egypt. We implemented a randomized controlled trial following a non‐symmetric encouragement design and using cheap scalable incentives to measure the impact of the intervention. While the impact of the show appears otherwise more limited, we find that the good performance of female contestants improved viewers'—in particular, men's—general perceptions of female entrepreneurs. However, despite the apparent difficulties faced by women in setting up a business, the show also led viewers to think that discrimination against women was not as important as they had previously believed, highlighting the possible distorting effect of media content. [ABSTRACT FROM AUTHOR]

This article examines the challenges and obstacles faced by female entrepreneurs in the cottage, micro, small, and medium enterprise (CMSME) sector in Bangladesh and shows that a combination of legislatory and regulatory reform can mitigate many of the issues that prevent women gaining from, and contributing to, this vital economic sector. Access to finance is found to be the greatest challenge faced by women in starting and operating CMSMEs in Bangladesh. This article explores the significant gender gap in access to formal credit, a gap that impacts negatively on the sector's growth and development. The article uses liberal feminist theory as a framework for analysis of the reforms. Analysis of data collected from banks and financial institutions on CMSME loans (2010–2018) shows that female entrepreneurs are treated significantly differently from men by financial institutions in Bangladesh. [ABSTRACT FROM AUTHOR]

We document strikingly similar gender differences in financial literacy across countries. When asked to answer questions that measure knowledge of basic financial concepts, women are less likely than men to answer correctly and more likely to indicate that they do not know the answer. Both young and old women show low levels of financial literacy. Moreover, women for whom financial knowledge is likely to be very important-for example widows or single women-also know little about concepts relevant for day-to-day financial decisions. The gender differences are present for very basic as well as more advanced measures of financial literacy. This is important because financial literacy has been linked to economic behavior, including retirement planning and wealth accumulation. Women live longer than men and are likely to spend time in widowhood. Thus, improving women's financial literacy is key to helping them prepare for retirement and promoting their financial security. [ABSTRACT FROM AUTHOR]

We estimate a dynamic model of employment, human capital accumulation-including education, and savings for women in the United Kingdom, exploiting tax and benefit reforms, and use it to analyze the effects of welfare policy. We find substantial elasticities for labor supply and particularly for lone mothers. Returns to experience, which are important in determining the longer-term effects of policy, increase with education, but experience mainly accumulates when in full-time employment. Tax credits are welfare improving in the U.K., increase lone-mother labor supply and marginally reduce educational attainment, but the employment effects do not extend beyond the period of eligibility. Marginal increases in tax credits improve welfare more than equally costly increases in income support or tax cuts. [ABSTRACT FROM AUTHOR]

Microfinance Institutions (MFIs) provide financial services to the poor and in many ways resemble both banks and non-profit organizations. Many MFIs target women because more women than men are poor, especially in rural areas. Studies show that women manage money differently from men and have different leadership styles. Thus, in credit unions and financial firms, female and male managers achieve different results. In microfinance, gender diversity on the board of MFIs is beneficial, and loans authorized by female loan officers have lower default rates. Motivated by these findings, we ask whether MFIs with a female Chief Executive Officer (CEO) are more efficient at serving the poor without jeopardizing financial sustainability. We adapt the banking approach to managerial (in)efficiency to account for the outreach and sustainability goals of the MFIs, and evaluate whether MFIs' outreach efficiency differs by the gender of their respective CEOs. We estimate a stochastic frontier cost function using the Battese-Coelli (1995) model and the "true" random effects estimators using panel data from over 250 MFIs. We find that MFIs with female CEOs have significantly higher outreach efficiency than MFIs with male CEOs. Similar results are found with a two-step stochastic frontier approach. Overall, the results suggest that promoting gender diversity at the top levels of MFI management is likely to have both social and financial benefits. [ABSTRACT FROM AUTHOR]

Integrating risk, gender diversity and upper echelons literatures, we examine whether the presence of women in upper management (top management team ( TMT) and board of directors ( BOD)) and the tenure of TMTs and BODs are associated with the risk of lawsuits. An analysis of data from firms in the US retail industry shows that the presence of women in TMTs and BODs and the tenure of TMTs and BODs are negatively associated with legal risk, but longer tenured BODs with more women had a positive impact on lawsuits. Implications and suggestions for future research are offered. [ABSTRACT FROM AUTHOR]

Using a life-cycle model in which women divide their time between home and market work, we establish a link between retirement wealth and the value of forgone home production. We use data from the Health and Retirement Study to estimate the model's parameters and adjust the growth rate of GDP to reflect reductions in nonmarket output. We find that the value of forgone home production is modest—about 25% of women's measured earnings. [ABSTRACT FROM AUTHOR]

Increasing numbers of women are attracted to careers in the professional services. However, when their progress is considered to partner positions, it is found that they are not advancing to the levels anticipated. When the literature in relation to the partnership promotion process is explored, we find explanatory models are rare, and rarer yet is work that considers the impact of sex bias on the process. The article adds to the limited work available by presenting findings from a behavioural process perspective through an empirical study with male and female management consultants in a professional services firm which indicates that the promotion to partner process is indeed sex biased. Two areas of disadvantage for women are identified: the presence of a self-managed career advancement process necessitating a proactive approach to demonstrating individual contribution; and the need to ‘fit’ a prevailing model of success within the firm which is a masculine model and is more problematic for women. The article calls for a differentiated treatment of the glass ceiling phenomenon, capable of capturing disadvantage accruing from societally based factors and sector-based factors. The implications of the findings for future research and professional service firms are discussed. [ABSTRACT FROM AUTHOR]

Develops a typology of the female entrepreneur. Psychological characteristics of Australian founder businesswomen; Assessment of multiple dimensions of personality within the traditional theoretical framework of David McClelland; Need achiever entrepreneur; Pragmatic entrepreneur; Managerial entrepreneur.