Women self-perception and access to credit: The power of role models

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info:eu-repo/semantics/altIdentifier/doi/10.1016/j.frl.2023.104426

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Caroline Perrin et al., « Women self-perception and access to credit: The power of role models », HAL-SHS : droit et gestion, ID : 10.1016/j.frl.2023.104426


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This study demonstrates how female role model encourages women-led firms to apply for a credit. Employing a sample of 29,157 firms from 112 countries between 2009 and 2020, our results indicate that the exposure to a female political leader offsets the likelihood for woman-led firms to be discouraged. This is explained by reduced emotional barriers to apply for a credit and is function of the personal status of the role model and its proximity with the female CEO.

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