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A gendered view of risk taking in Venture Philanthropy

Journal

Journal of Social Entrepreneurship

Subject

Strategy and Entrepreneurship

Publishing details

Journal of Social Entrepreneurship 2021 Online first

Authors / Editors

Zacharakis A;Alemany L;Scarlata M G

Biographies

Luisa Alemany

Publication Year

2021

Abstract

Relying on gender-role congruity theory, this paper investigates the relationship between the gender of the top management teams of venture philanthropy firms and their business risk-taking orientation. The research also assesses if and how experience moderates this relationship. Using a combination of survey data to capture the venture philanthropy firms risk orientation and biographical data to identify managers gender and experience, it finds that only gender affects business risk-orientation in these firms. Surprisingly, this is the opposite direction than expected, whereby teams with a higher proportion of women have a higher risk-taking profile. This suggests the need to revise the applicability of gender role congruity theory, the existence of a gender-bind dilemma, and the relevance of context in venture philanthropy.

Available on ECCH

No


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