Abstract

We examine the impact of female-led firms’ knowledge of alternative forms of financial capital and its effect on their financial performance as compared to male-led ventures. We contend that women entrepreneurs face unique historical and stereotypical challenges when attempting to enhance their financial knowledge and performance. We utilize social and liberal feminism frameworks, complemented with homophily theory to illustrate how female entrepreneurs can overcome these challenges by increasing the proportion of females in the ownership structure of female-led firms.

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