Gender, Credit, and Firm Outcomes
Delis, Manthos D.; Hasan, Iftekhar; Iosifidi, Maria; Ongena, Steven (07.02.2022)
Tässä tietueessa ei ole tiedostoja, ainoastaan metadata.
Volyymi
57Numero
1
2022
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-202109131508Tiivistelmä
Small and micro-enterprises are usually majority-owned by entrepreneurs. Using a unique sample of loan applications from such firms, we study the role of owners’ gender in bank credit decisions and post-credit-decision firm outcomes. We find that, ceteris paribus, female entrepreneurs are more prudent loan applicants than are males because they are less likely to apply for credit or to default after loan origination. The relatively more aggressive behavior of male applicants pays off, however, in terms of higher average firm performance after loan origination.