Samuele Murtinu
Associate Professor Dept. of Innovation Management & Strategy | University of Groningen – the Netherlands

Abstract:
The aim of this seminar is to discuss how the gender of owners and CEOs affects a firm’s degree of internationalization. By integrating the gender literature and agency theory, we examine how gender heterogeneity (i.e., male owner and female CEO; male owner and female CEO) may affect CEOs’ risk‐taking decisions, such as internationalization strategies. The gender literature shows that women are more risk‐averse than their male counterparts. Additionally, agency theory suggests that managers tend to pursue less risky strategies than their owners desire. By integrating these literatures, we examine whether gender interactions between owners and managers influence internationalization strategies. Using an international firm‐level dataset, we find that gender homogeneity is negatively related to internationalization and that the combination of a male CEO and female ownership leads to the greatest degree of internationalization.

Please click here to register.

Venue
Department of Management, Economics and Industrial Engineering
Building B26/B – Room 3.23 – third floor
Via Lambruschini 4/B, Milano