Event Details

Maria J. Sanchez-Bueno and Fernando Muñoz-Bullon presenting their exciting research on Employment security, female leadership and family influence

Abstract

In this paper, we theorize that female directors favor employment insecurity, yet this does not occur in family firms as family owners prefer to maintain employment levels which is consistent with the social role expectation of women as being more caring and compassionate. We also predict that the positive effect of female directors on employment security in family firms holds only when the firm is doing well, yet the positive female effect disappears when the firm is underperforming. In addition, we expect female directors with family ties to the owning family will promote employment security in family firms. Based on a sample of publicly listed firms in the US spanning the period 2007 through 2017, we find support for our hypotheses. This article extends our understanding of how female directors influence employment security and how this influence differs depending on firm ownership.

Short bios of the presenters

Maria J. Sanchez-Bueno is Associate Professor (accredited as Full Professor by ANECA) at the Department of Business Administration at Universidad Carlos III de Madrid (UC3M, Spain). Her research focuses on strategy, family business and entrepreneurship and it has been published in leading academic journals.

Fernando Muñoz-Bullon holds a PhD in Economics and Business (Universitat Pompeu Fabra, Barcelona). He is Associate Professor of Management at Universidad Carlos III de Madrid (accredited as Full Professor by ANECA). His current research interests are grounded on strategic management in family firms and entrepreneurship. His research activities have resulted in several papers published in leading international journals.

This seminar is hosted jointly by the Centre for Family Business, the Academy of Gender, Work and Leadership, and the Department of Entrepreneurship and Strategy.