Female CEO Appointment and Stock Outcomes in Tech: The Role of Crises and Board Composition

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2025-01-07

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6774

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Abstract

Information systems (IS) scholars have explored barriers and hardships women face in their careers in the information technology (IT) sector, yet understanding of female leadership is limited in this domain. Our study bridges this gap by examining the relation of female CEO appointments with forward-looking firm performance in the IT industry. We draw upon resource dependence and the glass cliff theory and identify two moderators: the firm’s financial crisis status and the presence of female board members to build our hypotheses. Further, we analyze how these factors affect the relationship between female CEO appointment and firm performance with a sample of publicly traded US IT firms from 2000 to 2019. Our findings indicate that female CEOs are positively associated with firm performance. However, the relation is dampened by a firm’s financial crisis status and the presence of female board members.

Description

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Gender and Technology, crisis, female board members, female ceo, firm performance, glass cliff

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10

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Proceedings of the 58th Hawaii International Conference on System Sciences

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Table of Contents

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Attribution-NonCommercial-NoDerivatives 4.0 International

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