Female investors and corporate performance: an empirical analysis in the Jordanian context
This study examines the impact of female ownership on firm performance, using a sample of 154 firms listed on the Amman Stock Exchange from 2010 to 2021. By analyzing three key performance indicators—return on assets (ROA), return on equity (ROE) and market capitalization—we find a significant negat...
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| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2025-12-01
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| Series: | Cogent Business & Management |
| Subjects: | |
| Online Access: | https://www.tandfonline.com/doi/10.1080/23311975.2025.2494714 |
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| Summary: | This study examines the impact of female ownership on firm performance, using a sample of 154 firms listed on the Amman Stock Exchange from 2010 to 2021. By analyzing three key performance indicators—return on assets (ROA), return on equity (ROE) and market capitalization—we find a significant negative relationship between female ownership and firm performance. This suggests that the conservative financial strategies often associated with female investors may constrain profitability and firm value. To ensure robustness, we apply fixed-effects regression to account for unobserved firm-specific factors and Huber regression to reduce the influence of outliers. The novelty of this study lies in its focus on female ownership as investors and shareholders, a perspective rarely explored in existing research, particularly within the Middle East and North Africa (MENA) region. |
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| ISSN: | 2331-1975 |