A Gendered View of Risk Taking in Venture Philanthropy

Zacharakis, A, Alemany, L and Scarlata, M G (2021) A Gendered View of Risk Taking in Venture Philanthropy. Journal of Social Entrepreneurship. pp. 1-19. ISSN 1942-0676 OPEN ACCESS


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 firm’s 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.

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Item Type: Article
Subject Areas: Strategy and Entrepreneurship
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© 2021 Taylor & Francis / Informa Group. This is an Accepted Manuscript of an article published by Taylor & Francis in Journal of Social Entrepreneurship on 18 May 2021, available online: https://doi.org/10.1080/19420676.2021.1924840

Date Deposited: 19 May 2021 14:34
Date of first compliant deposit: 14 May 2021
Subjects: Investment appraisal
Social roles
Last Modified: 05 Mar 2024 01:44
URI: https://lbsresearch.london.edu/id/eprint/1771

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