“Bias against top-level female executives seems entrenched despite strides women have made..." By Melissa J. Anderson (Contributor, Evolved Employer)
A working paper recently released by researchers from the University of Utah and Washington University in St. Louis suggests that female led IPO firms do worse than male ones.
The study says, “Despite identical personal qualifications and firm financials, female Founder/CEOs were perceived as less capable than their male counterparts, and IPOs led by female Founder/CEOs were considered less attractive investments.”
Moreover, the researchers say, even though prospective investors were presented with identical information on performance, experience, and qualifications, “Female CEOs were seen as less experienced, less able to lead, less able to resolve TMT disputes and board deadlocks, as well as a less favorable representative of the company in the eyes of the public.”
» Read the full article at Evolved Employer.