SIHS SEMINAR Series

次回セミナー/Next Seminar

2024年5月17日(金)　May 17, 2024 (Fri.) 17:20-18:50

報告者/Presenter: 矢ヶ崎将之/Masayuki Yagasaki (東北大学/Tohoku University ) 

Title: CEO Gender Bias in the Formation of Firm-to-Firm Transactions 

場所：2号館11階経済学部会議室B & ZOOM (HyFlex)

Venue: 11th Floor, Bldg. No.2 Meeting Room B & ZOOM (HyFlex)

幹事/Organizer：長谷部拓也/Takuya Hasebe  

言語/Language：英語/English 

要旨/Abstract:  

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.