Table 4 Impact of women leadership on process innovation.

From: Leadher: role of women leadership in shaping corporate innovation

Probit Regression Models

Unit of Observation: Firm-Year

Dependent Variable: Process Innovation

 

Coefficients

Coefficients

Coefficients

Coefficients

Independent Variables:

 Female Top Manager

0.116***

   
 

(4.64)

   

 Female Manager*Experience

 

0.004***

  
  

(3.05)

  

 Female Owner

  

0.161***

 
   

(7.89)

 

 Female Owner and Manager

   

0.085***

    

(2.95)

Control Variables:

 Firm Size (Medium)

0.102***

0.101***

0.104***

0.102***

 

(5.11)

(5.05)

(5.20)

(5.12)

 Firm Size (Large)

0.299***

0.299***

0.303***

0.301***

 

(12.19)

(12.20)

(12.36)

(12.28)

 Legal Status (Partnership)

0.096***

0.095***

0.070***

0.094***

 

(3.67)

(3.63)

(2.67)

(3.61)

 Legal Status (Company)

0.322***

0.323***

0.287***

0.323***

 

(14.89)

(14.91)

(12.91)

(14.92)

 Ownership (Foreign)

0.154***

0.154***

0.171***

0.155***

 

(3.39)

(3.40)

(3.76)

(3.42)

 Ownership (Government)

0.115***

0.118***

0.109***

0.115***

 

(2.92)

(2.99)

(2.76)

(2.92)

 Firm Age

0.001*

0.001**

0.001**

0.001*

 

(1.66)

(1.94)

(2.10)

(1.77)

 Year Control

Yes

Yes

Yes

Yes

 Total Observations

23,340

23,340

23,340

23,340

 L.R. Chi-Square

2326.10

2313.83

2366.75

2313.26

 Prob. > Chi-Square

0.000

0.000

0.000

0.000

 Pseudo R-Square

0.074

0.074

0.075

0.074

 Likelihood (Log)

−14521.64

−14527.78

−14501.32

−14528.06

 Hausman Statistics

2.11

1.74

1.09

2.45

P-Value

0.132

0.158

0.191

0.213

  1. *** = 1%, ** = 5%, * = 10%.
  2. z values are in parentheses.