The Effect of the CEO's gender on a company's performance in Accounting Firms
Traditionally, accounting was considerable perceived as a gendered profession. Accounting was always viewed as a man's job. However recently there has been a shift in the existing trends and presently a majority of accounting firms are committing to promote gender equality. Yet many organizations continue to struggle to retain women especially in higher positions. Through this study the researcher aims at specifying the key characteristics of accounting firms and how the organizations are affected by the gender of the CEO. Through this study the notion prevalent within our society that gender does actually affect the performance of an organization will be analyzed in depth.
CHAPTER 1: INTRODUCTION1
Background of this study1
Statement of Problem2
Significance of this study3
Research Aims and Objectives3
Structure of this Study5
CHAPTER 2: LITERATURE REVIEW6
Understanding the stereotypes in Organizations6
Women leaders show more results?8
CHAPTER 3: METHODOLOGY10
CHAPTER 4: FINDING AND ANALYSIS13
CHAPTER 5: CONCLUSION AND RECOMMENDATION15
CHAPTER 1: INTRODUCTION
This chapter is the foundation of this study and it addresses the issue under discussion. Within this chapter the background of this study, research aims and objectives, research questions, significance of this study and the structure of this dissertation will be discussed.
Background of this study
According to a study conducted by Meijer (2010) presently within the United States, 15 out of the 500 fortune companies have female CEO's. Out of these organizations 7 are amongst the largest in terms of annual revenue. Apparently the statistics indicate a rise in the number of female CEO's yet the growth is gradual and not how it actually should be. Since the year 1955 only 43 women have become CEO's of a fortune 1000 company. The most crucial questions arising at this moment is what are the main reasons behind such a low percentage of female CEO's. A majority of conservatism in political fronts has long since affected the way people perform their business. There continues to be a predominant issue with the way people perceive business and how it should be run (Witz, 1992). Hence the gendered environment of accounting organizations is hardly viewed with any surprise (Wooten, 2001). Anderson et al. (2005) have conducted extensive studies in order to identify the reasons behind gendered organizations specifically accounting firms yet the researcher still considers this area well under researched. There continues to be a greater need for understanding the role a CEO's gender has on the performance of an organization. One issue that has been addressed through this study is the lack of literature available regarding the issue under study. Hence through this study the umate goal is to add to the existing literature which will facilitate readers in understanding the issue under discussion.
Statement of Problem
Organizational justice is a crucial aspect for any organizations since it ensures that the employees are all provided with the right circumstances that encourages their growth and also provides the employees with the right growth which is the right of every employee. Gender is still viewed with much skepticism the reason continues ...