Will women be women?: analyzing the gender difference among financial experts

Arbeitspapier

There are robust gender differences in the domains of risk taking, overconfidence and competition behavior. However, as expertise tends to level these differences, we ask whether financial experts still show gender dissimilarities in their domains of decision making? We analyze survey responses of 649 fund managers in the U.S., Germany, Italy and Thailand, and find that female fund managers tend to behave as expected from gender studies: they are more risk averse and shy away from competition in the tournament scenario. The expected lower degree of overconfidence by women is yet so small that it becomes insignificant in fund management.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Diskussionsbeitrag ; No. 391

Classification and Topics

• Classification: Wirtschaft ; Economics of Gender; Non-labor Discrimination ; Pension Funds; Non-bank Financial Institutions; Financial Instruments; Institutional Investors
• Subject: fund managers ; gender differences ; risk ; overconfidence ; tournament behavior ; Finanzanalysten ; Investmentfonds ; Führungskräfte ; Weibliche Führungskräfte ; Geschlecht ; Anlageverhalten ; Vergleich ; USA ; Deutschland ; Italien ; Thailand

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Beckmann, Daniela ; Menkhoff, Lukas
• Event: Veröffentlichung
• (who): Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät
• (where): Hannover
• (when): 2008

Further information

• Handle: http://hdl.handle.net/10419/27201
• Last update: 10.03.2025, 11:42 AM CET