Women Owning Small Firms in India: Analysing Social and Cultural Diversity
Women Owning Small Firms in India: Analysing Social and Cultural Diversity
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DOI:
10.2139/ssrn.3191664
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发表时间:
2020-05
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影响因子:
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通讯作者:
Yuko Nikaido;Jesim Pais
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文献类型:
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作者:
Yuko Nikaido;Jesim Pais
Few empirical studies have focused on the interrelationship among ethnicity, religion, caste and female entrepreneurship in India. The latest nationwide census of small enterprises allows us to examine how the socio-cultural status of the female entrepreneurs affects firm performance at different stages of entrepreneurial activity. The empirical results from a quantile regression reveal a significant variation in the growth performance of women-owned firms. First, while Muslim women, a minority within a minority, tend to face the double disadvantage of racism and sexism, firms owned by Muslim women perform better than those owned by Hindu women. Second, in the case of women from lower castes, although firm performance at the early stage appears to be similar to those from upper castes, caste-related factors offer significant obstacles for further expansion of business. Third, while there is a favourable institutional environment for women to start a business in the Southern Region of India, women-owned firms located there seem to face challenges of continued business expansion. Taking into account the differences in their skills and socio-economic status, comprehensive packages may need to be put in place that not only aim to provide hand-holding for setting up new firms that but also support extant firms to move on to the next level.