Gendered regulations and SME performance in transition economies
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Gendered regulations and SME performance in transition economies Natalia Vershinina & Gideon Markman & Liang Han & Peter Rodgers & John Kitching & Nigar Hashimzade & Rowena Barrett
Accepted: 30 September 2020 # Springer Science+Business Media, LLC, part of Springer Nature 2020
Abstract This article explores the culture-regulationsgender triad in relation to small and medium enterprises’
N. Vershinina (*) Department of Business and Society, Audencia Business School, Nantes 44312, France e-mail: [email protected] G. Markman Department of Management, College of Business, Colorado State University, Fort Collins, CO 80523, USA e-mail: [email protected] L. Han Henley Business School, University of Reading, Whiteknights, Reading RG6 6UD, UK e-mail: [email protected] P. Rodgers Department of Organizational Behaviour and Human Resource Management, Southampton Business School, University of Southampton, Southampton SO17 1BJ, UK e-mail: [email protected] J. Kitching Kingston University, Kingston upon Thames, Surrey KT1 1LQ, UK e-mail: [email protected]
(SMEs’) performance. Using a firm-level panel dataset drawn from 27 countries in Central and Eastern Europe and Central Asia between 2005 and 2014, we show that women and men experience and respond differently to regulations. Women take regulations very seriously and as a result, their SMEs see improved performance, whereas men discount the influence of regulations which then depresses the performance of their SMEs. However, when women respond to regulatory enforcers, it erodes the performance of their SMEs, whereas when men engage enforcers, the performance of their SMEs improves. The fact that women and men experience and respond to the same regulations differently—regardless of country effect and whether their SMEs are high- or low-performing businesses—suggests that regulations perpetuate gender biases, thus impacting not only individuals but even the organizations they lead. Our study expands gendered institutions theory by clarifying how regulations diffuse cultural values and influence women and men, as well as their SMEs, differently. Keywords Culture . Regulations . Gender . SMEs . Entrepreneurship JEL classifications J16 . J24 . L26 . L51 . P2
N. Hashimzade Department of Economics and Finance, Brunel University London, Uxbridge, Middlesex UB8 3PH, UK e-mail: [email protected]
1 Introduction
R. Barrett QUT Entrepreneurship, Queensland University of Technology, Brisbane, QLD 4001, Australia e-mail: [email protected]
This study investigates the intersection of culture, regulations, and gender and the implications of this intersection for the performance of women-led small and
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medium enterprises (SMEs). Culture, regulations, and gender are of course distinct but, because they are highly intertwined and mutually reinforcing, it is difficult to unpack their discrete effects on individuals and firms. Culture reflects collective values and beliefs, regulations are overriding rules enforced
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