Are female executives more risk-averse than male executives?(Author abstract)(Report): An article from Reviews

Author: Zahid Iqbal
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Publisher: Thomson Gale
Binding: Digital
ISBN: B000VJB4CS
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Are female executives more risk-averse than male executives?(Author abstract)(Report): An article from: Atlantic Economic Journal

This digital document is an article from Atlantic Economic Journal, published by Thomson Gale on March 1, 2006.Are female executives more risk-averse than male executives?(Author abstract)(Report): An article from review. The length of the article is 6001 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchaseRead full reviews of .

Are female executives more risk-averse than male executives?(Author abstract)(Report): An article from Reviews

The length of the article is 6001 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the author: It is often argued that women are more risk averse than men. This paper provides additional evidence on this issue by examining the stock selling behavior of male and female executives in response to stock option awards. When corporate executives sell shares of their firm upon new stock option awards, it is an indication that they are attempting to reduce risk through diversification of their personal portfolio. More rigorous stock sales by female executives would indicate that they are more risk averse than their male counterparts. However, this paper finds that male executives are more risk averse by engaging in higher diversification-related stock sales than the female executives. It is also found that the stock sales by male executives approximate the optimal hedge ratio. (JEL G34, G39)

Citation Details
Title: Are female executives more risk-averse than male executives?(Author abstract)(Report)
Author: Zahid Iqbal
Publication: Atlantic Economic Journal (Magazine/Journal)
Date: March 1, 2006
Publisher: Thomson Gale
Volume: 34 Issue: 1 Page: 63(12)

Article Type: Report, Author abstract

Distributed by Thomson Gale