The Impact of Gender on Financial Performance in Small and Medium Enterprises: A Survey in Vietnam

Abstract

This paper investigates the impact of gender on the financial performance of small and medium enterprises (SMEs) in Vietnam. With a rising number of female entrepreneurs entering the business landscape, it becomes imperative to assess whether gender dynamics influence financial outcomes. The study uses survey data collected from SMEs across major Vietnamese cities and applies both quantitative and qualitative analysis methods. Results reveal nuanced gender-based differences in performance metrics, management style, and access to financial resources raising important questions for policymakers, investors, and the business community. Additionally, firm age moderates the positive relation between female leadership and profitability. Given the SMEs importance in the majority of countries, the results and implications of this paper can be generalized to other economies.