Template-type: ReDIF-Paper 1.0
Author-Name: Mina Baliamoune-Lutz
Author-Email: mbaliamo@unf.edu
Author-Workplace-Name: University of North Florida, Coggin College of Business, 1 UNF Drive, Jacksonville, FL 32224, USA.
Author-Name: Stefan Lutz
Author-Email: lutz@uel.ac.uk
Author-Workplace-Name: European Management School (EMS), Professorship for Economics, Rheinstrasse 4N, Mainz, 55116, Germany.
Title: Financing and performance of female-owned firms in Middle Eastern and African Economies
Abstract: Empirical evidence suggests that lack of access to financing is a major constraint to performance by female-owned firms 
	in most countries. Firm performance, financing structure, and constraints have been well explored for firms in developed 
	economies but this is not the case for firms in developing economies, especially in Africa and the Middle-East. Largely due 
	to lack of data availability, existing literature on African firms has presented some survey-based evidence on firm 
	performance and financing structures while detailed financial evidence is lacking. This paper aims at filling this research 
	gap. We identify female-owned firms and examine the impact of ownership structure on financing and firm performance. We use 
	cross-sectional financial data covering 25,500 companies in the Middle East and Africa for the years 2006 to 2014. Our 
	results reveal a clear, but perhaps surprising, gender-specific pattern.
Classification-JEL: F20, J16, L22, M10.
Keywords: Gender, Ownership, Firm profitability, Financing structure, MENA, Africa, FDI, Globalization.
Length: 30 pages 
Creation-Date: 2017-02
Number: 2017-09
X-File-Ref: http://america.sim.ucm.es/repec/ucm/ref/doicae1709.txt
File-URL: https://eprints.ucm.es/id/eprint/41075/1/1709.pdf
File-Format: Application/pdf
Handle: RePEc:ucm:doicae:1709