Working Capital Management: Evidence from Gender Differences

被引：0
作者：
Behera, Meera [1 ]
Burns, Natasha [2 ]
Minnick, Kristina [3 ]
机构：
[1] Georgian Court Univ, Lakewood, NJ USA
[2] Univ Texas San Antonio, San Antonio, TX 78249 USA
[3] Bentley Univ, Waltham, MA USA
来源：
QUARTERLY JOURNAL OF FINANCE | 2025年 / 15卷 / 01期
关键词：
Cash holdings; working capital; managerial characteristics; CEO gender; CORPORATE GOVERNANCE; CEO OVERCONFIDENCE; TRADE CREDIT; EXECUTIVES; CASH; PERFORMANCE;
D O I：
10.1142/S2010139225500028
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This study examines the impact of female CEOs and CFOs on working capital management. We find that firms led by female executives manage the working capital cycle more efficiently and aggressively, resulting in a shorter cash conversion cycle and lower working capital requirements. Female CEOs are associated with improvements in operational efficiency, while female CFOs influence the financing aspects of working capital, contributing to higher cash holdings.
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页数：41
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