Journal ArticleDOI
Gender and corporate finance: Are male executives overconfident relative to female executives?
Jiekun Huang,Darren J. Kisgen +1 more
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This paper examined corporate financial and investment decisions made by female executives compared with male executives and found that female executives place wider bounds on earnings estimates and are more likely to exercise stock options early.About:
This article is published in Journal of Financial Economics.The article was published on 2013-06-01. It has received 772 citations till now. The article focuses on the topics: Corporate finance & Earnings.read more
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CEO gender, corporate risk-taking, and the efficiency of capital allocation
TL;DR: In this paper, the authors extend the literature on how managerial traits relate to corporate choices by documenting that firms run by female CEOs have lower leverage, less volatile earnings, and a higher chance of survival than otherwise similar firms running by male CEOs, and that transitions from male to female CEOs are associated with economically and statistically significant reductions in corporate risk-taking.
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Do Women Directors Improve Firm Performance in China
Yu Liu,Zuobao Wei,Feixue Xie +2 more
TL;DR: Wang et al. as discussed by the authors examined the effect of board gender diversity on firm performance in China's listed firms from 1999 to 2011 and found that female executive directors have a stronger positive effect on the firm performance than female independent directors, indicating that the executive effect outweighs the monitoring effect.
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Women on board: does boardroom gender diversity affect firm risk?
TL;DR: In this paper, the authors investigate the relationship between boardroom gender diversity and firm risk, using a dynamic model that controls for reverse causality and for gender and risk being influenced by unobservable firm factors.
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Director gender and mergers and acquisitions
TL;DR: This paper found that firms with female directors are less likely to make acquisitions and if they do, pay lower bid premia, and that each additional female director on a bidder board reduces the bid premium paid by 15.4%.
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Board diversity, firm risk, and corporate policies
TL;DR: In this paper, the effects of diversity in the board of directors on corporate policies and risk were examined using a multidimensional measure, and it was found that greater board diversity leads to lower volatility and better performance.
References
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Journal ArticleDOI
Portfolio Choice and Trading in a Large 401(k) Plan
TL;DR: The authors studied nearly 7,000 retirement accounts during the April 1994-August 1998 period and found that most asset allocations are extreme (either 100 percent or zero percent in equities) and there is inertia in asset allocations.
Journal ArticleDOI
Financial Decision-Making: Are Women Really More Risk-Averse?
TL;DR: In this article, Between et al. found that the comparative risk propensity of male and female subjects is strongly dependent on the financial decision setting and observed no gender differences in risk propensity when subjects face contextual decisions.
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Start-Up Capital: "Does Gender Matter?"
Ingrid Verheul,Roy Thurik +1 more
TL;DR: The authors found that female entrepreneurs have a smaller amount of start-up capital, but that they do not differ significantly with respect to the type of capital they had access to, and that the proportion of equity and debt capital in the businesses of female entrepreneurs is the same as in those of their male counterparts.
Journal ArticleDOI
Highly Confident, but Wrong: Gender Differences and Similarities in Confidence Judgments.
TL;DR: This article investigated gender differences in item-specific confidence judgments in three psychology courses containing 70 men and 181 women, after answering each item on course exams, students indicated their confidence that their answer to that item was correct.
Posted Content
Occupational Segregation, Wages and Profits When Employers Discriminate by Race or Sex
TL;DR: In this paper, the authors analyzed the occupational and wage aspects of discrimination as if they were logically separate and their effects additive, through the development of a model which marries the wage differential approach of Becker [1] to the approach emphasizing the "crowding" effects of occupational segregation originally noticed by Edgeworth[3] and developed by Bergmann [2].
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