Longitudinal Trends in Financial Metrics within Female-Led Software Firms

Investigating the domain of female leadership within the Romanian software industry, this analysis focuses on activities delineated by the NACE code 6201, pertaining to custom software development (client-oriented software). Several stringent selection criteria were applied. Most importantly, companies must have 100% female ownership and employ at least three people. Of the 26,108 firms operating under this code, only 2,067 have at least three employees. Of these, just 112 are totally owned by women – that is less than six percent of all firms. The research studies the ongoing trends in principal financial indicators among Romanian software companies led solely by females from 2019 to 2023. This paper looks into how many staff members there are against each company’s performance based on different metrics like profit or turnover which have been analysed systematically over time periods used for analysis so far, giving us a chance to find out if there is any significant relationship between the number of workers employed by different businesses and their respective gains made within specified durations also looking closely at comparative growth rates between profits earned versus sales revenue generated annually while taking into consideration average yearly turn over as well as profit growth changes observed during such period under review.