Girls Just Wanna Have Funds? The effect ...
Document type :
Compte-rendu et recension critique d'ouvrage
Title :
Girls Just Wanna Have Funds? The effect of women-friendly legislation on female-led firms’ access to credit
Author(s) :
Bertrand, Jérémie [Auteur]
Lille économie management - UMR 9221 [LEM]
Perrin, Caroline [Auteur]
École de Management de Strasbourg = EM Strasbourg Business School [EM Strasbourg]
Lille économie management - UMR 9221 [LEM]
Perrin, Caroline [Auteur]
École de Management de Strasbourg = EM Strasbourg Business School [EM Strasbourg]
Journal title :
International Review of Law and Economics
Pages :
106101
Publisher :
Elsevier [1981-....]
Publication date :
2022-12
ISSN :
0144-8188
English keyword(s) :
Banking ; Gender ; Access to credit ; Borrower discouragement
HAL domain(s) :
Sciences de l'Homme et Société/Gestion et management
English abstract : [en]
Does a women-friendly legal environment help women overcome discrimination in credit markets? By examining antidiscrimination laws and their implications for women-led businesses' access to credit in 124 countries, the ...
Show more >Does a women-friendly legal environment help women overcome discrimination in credit markets? By examining antidiscrimination laws and their implications for women-led businesses' access to credit in 124 countries, the current study differentiates an effect on discouragement (i.e., not asking for credit when they need it, demand side) and an effect on the probability that they obtain credit (supply side). Legal protections are associated with lower discouragement for women-led firms, but they do not support the attainment of more credit. We demonstrate that enforcement efforts dramatically amplify the effect of women-friendly laws on self-restrictions in terms of credit and enable women-led firms to access more credit. Women are sensitive to the legal environment in which they operate, while banks need strong incentives to change their behavior. This effect is notable with regard to rational discouragement and prevails among smaller firms and in high-income countries. These results are robust to several tests.Show less >
Show more >Does a women-friendly legal environment help women overcome discrimination in credit markets? By examining antidiscrimination laws and their implications for women-led businesses' access to credit in 124 countries, the current study differentiates an effect on discouragement (i.e., not asking for credit when they need it, demand side) and an effect on the probability that they obtain credit (supply side). Legal protections are associated with lower discouragement for women-led firms, but they do not support the attainment of more credit. We demonstrate that enforcement efforts dramatically amplify the effect of women-friendly laws on self-restrictions in terms of credit and enable women-led firms to access more credit. Women are sensitive to the legal environment in which they operate, while banks need strong incentives to change their behavior. This effect is notable with regard to rational discouragement and prevails among smaller firms and in high-income countries. These results are robust to several tests.Show less >
Language :
Anglais
Popular science :
Non
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