Economics and Finance Faculty Publications and Presentations
Document Type
Article
Publication Date
11-2021
Abstract
The impacts of crises are never gender-neutral, and the COVID-19 pandemic is no exception. Using a brand-new dataset covering 24 countries, we document that women-led businesses are subject to a higher likelihood of closure and a longer closure duration than men-led businesses during the pandemic. Women business leaders are also more pessimistic about the future than men business leaders. The disadvantages suffered by women-led businesses widen in high gender inequality economies and developing economies. Our results further indicate that finance and labor factors are likely to be the major contributors to these disadvantages. We suggest that COVID-19′s policy response should not be gender-neutral.
Recommended Citation
Liu, Yu et al. “COVID-19 and Women-Led Businesses around the World.” Finance research letters vol. 43 (2021): 102012. doi:10.1016/j.frl.2021.102012
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Publication Title
Finance Research Letters
DOI
10.1016/j.frl.2021.102012
Comments
© 2021 Elsevier Inc. All rights reserved. Original published version available at doi.org/10.1016/j.frl.2021.102012