Galli, E, Mascia, DV orcid.org/0000-0002-3776-0420 and Rossi, SPS (2020) Bank Credit Constraints for Women‐Led SMEs: Self‐Restraint or Lender Bias? European Financial Management, 26 (4). pp. 1147-1188. ISSN 1354-7798
Abstract
We test the existence of possible gender biases affecting the firm behaviour in demanding and obtaining bank credit using a cross‐country sample of European SMEs. We show consistent evidence that female‐led firms are more likely than their male counterparts to refrain from applying for loans. When they apply, apparently female‐led enterprises do not seem to face gender discrimination from the lender. Interestingly, however, signs of gender bias appear to arise during the upside phase of the economy. Overall, our study provides support for policy actions aimed at reducing the frictions faced by women‐led SMEs when accessing credit markets.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2019 John Wiley & Sons Ltd. This is the peer reviewed version of the following article: Galli, E, Mascia, DV and Rossi, SPS (2020) Bank Credit Constraints for Women‐Led SMEs: Self‐Restraint or Lender Bias? European Financial Management, 26 (4). pp. 1147-1188. ISSN 1354-7798, which has been published in final form at https://doi.org/10.1111/eufm.12255. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions. |
Keywords: | Access to finance; Bank lending; SMEs; self‐restraint; gender discrimination |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Accounting & Finance Division (LUBS) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 19 Dec 2019 11:05 |
Last Modified: | 18 Dec 2021 01:38 |
Status: | Published |
Publisher: | Wiley |
Identification Number: | 10.1111/eufm.12255 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:154783 |