The research on the influencing factors of financing strategy of woman entrepreneurs in China

Xiong, Xiong; Fu, Rong; Zhang, Wei; Zhang, Yongjie; Xiong, Lin

doi:10.4304/jcp.6.9.1819-1824

Cited by 8 publications

(10 citation statements)

References 13 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…The majority of the research on this topic reported that obtaining adequate financial support is a common problem encountered by women-led enterprises, as noted earlier (e.g. Li, Tang, and Liu 2016;Tan 2008;Xiong et al 2011;Zhang and Pan 2012). On the other hand, Hussain et al (2010) argue that women seem to be no more disadvantaged from obtaining finance than men in China and, in some aspects, appear to be in a better position.…”

Section: Entrepreneurial Processmentioning

confidence: 84%

Women entrepreneurship in China: where are we now and where are we heading

Cooke

Xiao

2020

Human Resource Development International

View full text Add to dashboard Cite

Section: Entrepreneurial Processmentioning

confidence: 84%

Women entrepreneurship in China: where are we now and where are we heading

Cooke

Xiao

2020

Human Resource Development International

View full text Add to dashboard Cite

“…First, our findings confirm that there exists gender gap in both formal financing and informal financing under Chinese context. Existing gender-financing research studies under Chinese context focus more on informal financing (Mu et al, 2017;Sheng and Mendes-Da-Silva, 2014;Xiong et al, 2011) instead of formal financing. Based on the data collected from China, after controlling the entrepreneur and firm-related characteristics, we verified that both formal and informal financing are influenced by gender factors.…”

Section: Discussion and Implicationmentioning

confidence: 99%

Gender and financing in entrepreneurship: research evidence from China

Zhang

Chen

Zhou

2020

CMS

View full text Add to dashboard Cite

Purpose The purpose of this paper is to investigate ways to mitigate gender bias in entrepreneurial financing. The authors aim to unveil the role entrepreneurs’ gender played in formal and informal financing under Chinese context, as well as the moderating role corporate social responsibility (CSR) played in such relationships. Design/methodology/approach This paper adopts ANOVA test and multiple regression method to empirically examine the relationship of entrepreneurs’ gender, formal financing, informal financing and CSR with second hand data from The Eleventh Private Enterprise Survey covering a sample of firms across China. Findings The results demonstrate that comparing to start-ups led by men, start-ups led by women are less likely to get either formal or informal financing. The results also suggest that CSR negatively moderates the impact entrepreneurs’ gender has on formal financing but not on informal financing. Originality/value By focusing on both formal and informal financing, the research of gender’s effects on firms’ financing has been extended. Also, by proving that CSR can help to mitigate gender bias in formal financing, contribution has also been made to the research field of gender financing. This paper contributes to the CSR literature by sorting out another benefit CSR has in new venture financing. Overall, findings of this study deepen the existing understanding of gender issues in the context of entrepreneurial financing.

show abstract

“…In France, there is a similar situation: only 10% of French female entrepreneurs prefer bank financing, a third lower than male entrepreneurs (Orhan, 2001). Also, research in China in Vietnam has confirmed that male entrepreneurs prefer using external financing more than female entrepreneurs (Xiong et al , 2011; Zhu et al , 2019).…”

Section: Female Entrepreneurs’ Financing Sourcesmentioning

confidence: 95%

“…Women tend to avoid financial institutions, such as banks, that traditionally have been a key source for entrepreneurship financing (Buttner and Rosen, 1988; Carter et al , 2007; Hertz, 2011; Xiong et al , 2011). But the COVID-19 crisis has increased banks’ vulnerability because of risks related to deposits, withdrawals and non-performing loans (Goodell, 2020; Nseobot et al , 2020).…”

Section: Female Entrepreneurs’ Financing Sourcesmentioning

confidence: 99%

Money for female entrepreneurs does not grow on trees: start-ups’ financing implications in times of COVID-19

Villaseca

Navío-Marco

Gimeno

2020

JEEE

View full text Add to dashboard Cite

Purpose The purpose of this paper is to understand women’s approaches to acquiring financial and other resources is essential for closing the entrepreneurship gender gap. In nearly 40% of economies, women’s early-stage entrepreneurial activity is half or less than half of that of men’s. Design/methodology/approach Even when there is extensive literature on female entrepreneurs, the authors review the findings through a Coronavirus Disease 2019 (COVID-1)9 crisis lens, trying to find new perspectives and solutions. With the approach of a systematic review of 4,520 publications on financing topics related to female entrepreneurs, various sources of financing available to female entrepreneurs are considered: bootstrapping, banks, business angels, venture capital and crowdfunding. Findings Identifying potential gender bias both on the supply and the demand side of financing, this research highlights new directions in encouraging female entrepreneurship and gives guidelines to public organisations on how to foster advanced forms of financing for female entrepreneurs in COVID-19 times. Social implications The COVID-19 pandemic has posed an unprecedented challenge for economies and companies. Female entrepreneurs are the ones who have been hit harder, as they overcome pre-existing barriers, such as lack of access to finance, lack of networks and mentors and gendered priorities, among others. Without ensuring gender policies to counter these incremental negative effects, the authors face the risk of widening the gender gap. Originality/value Regarding previous systematic reviews of literature, this paper focusses on a specific challenge, how women entrepreneurs finance their activity, with a double vision: supply and demand of money.

show abstract

The research on the influencing factors of financing strategy of woman entrepreneurs in China

Cited by 8 publications

References 13 publications

Women entrepreneurship in China: where are we now and where are we heading

Women entrepreneurship in China: where are we now and where are we heading

Gender and financing in entrepreneurship: research evidence from China

Money for female entrepreneurs does not grow on trees: start-ups’ financing implications in times of COVID-19

Contact Info

Product

Resources

About