Is There a Relationship between the Gender of the CEO and Short-Termism or Long-Termism?
Date of Award
Doctor of Business Administration (DBA)
Jack Welch College of Business
Dr. Khawaja Mamun
Dr. Abu S. Shonchoy
Dr. Mahfuja Malik
Based on a panel of S&P 1500 firms from the period of 2008-2016, we evaluate whether firms managed by female CEOs exhibit the same short-termism or long-termism as firms managed by male CEOs. We evaluate in terms of market based, firm based and investment indicator. Our goal is to better understand if there is a relationship between the gender of the CEO and short-termism or long-termism.
Our results find firms with female CEOs have lower Tobin’s Q, lower ROA, however, they spend more on research and development than firms run by male CEOs.
Calnan, K. (2020). Is there a relationship between the gender of the CEO and short-termism or long-termism? Jack Welch College of Business & Technology dissertation, Sacred Heart University, Fairfield CT. Retrieved from https://digitalcommons.sacredheart.edu/wcob_theses/28/
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 4.0 License.
Business Administration, Management, and Operations Commons, Corporate Finance Commons, Finance and Financial Management Commons
Submitted in partial fulfillment of the requirements for the degree of Doctor of Business Administration in Finance, Sacred Heart University, Jack Welch College of Business and Technology, Fairfield, Connecticut.