Table 8.

Moderation of gender effects on enterprise failure

Explanatory variablesDid business fail in 2011? (1=yes)
(1)(2)
Gender−0.454** (0.206)−0.555** (0.226)
SCE−0.308 (0.254)−0.788** (0.317)
Gender * SCE0.338 (0.275)0.777** (0.338)
Factor−0.006 (0.021)−0.290** (0.121)
Gender * factor−0.001 (0.022)0.038 (0.127)
Factor * SCE−0.024 (0.040)0.349* (0.197)
Gender * factor * SCE0.007 (0.043)−0.359* (0.217)
IHS enterprise income−0.129*** (0.019)−0.109*** (0.020)
IHS household income0.005 (0.015)0.001 (0.015)
IHS household consumption−0.045 (0.040)−0.055 (0.039)
No. of adults0.021 (0.014)0.051*** (0.015)
No. of children0.001 (0.016)0.005 (0.016)
Constant2.910*** (0.511)3.057*** (0.515)
Observations2,5912,596
IndustryYesYes
Social groupYesYes
UrbanYesYes
StateYesYes

Note(s): Standard errors in parentheses ***p < 0.01; **p < 0.05 and *p < 0.1;

The factors used in the analysis are;

(1) H4bFactor = no. of years of education of the enterprise decision-maker;

(2) H5bFactor = no. of family members in the enterprise

Source(s): Authors’ own work

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