Calling the Shots: Senior Manager Gender, Risk, and Organizational Performance in Different Strategic Decision‐Making Contexts
研究女性高管的风险规避倾向如何在不同决策周期中影响组织绩效：在时间充裕的长期决策中提升绩效，在时间紧迫的短期决策中降低绩效，基于NCAA女子篮球队数据验证。
ABSTRACT We develop new theory on when and why the greater risk aversion often observed in female managers enhances or hinders organizational performance. Our framework centers on the alignment between cognitive propensities and the duration of the decision‐making task cycle. We argue that female managers' risk aversion enhances performance in contexts with ample time for deliberation, but dampens performance in contexts requiring rapid decisions. Consistent with this theory, analysis of archival data from 135 NCAA Division I women's basketball teams reveals that female head coaches outperform their male counterparts on long‐cycle decision tasks (e.g., recruiting), where time for decision‐making is ample. Conversely, male head coaches outperform on short‐cycle decision tasks (e.g., in‐game decisions), where time is limited, even after adjusting for the quality of human capital available.