The Influence of Gender on the Perception and Response to Investment Risk: The Case of Professional Investors

By R. Olsen, C. Cox. 2001

358 citations recorded by the source corpus.

Subfields: General Decision Sciences, Management Science and Operations Research

View Paper: https://www.semanticscholar.org/paper/063ba4b1ed7d7b5914968ba3ea2c33e8a8a00096

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In General Decision Sciences

In Management Science and Operations Research

Citations in the corpus

Risk perception: Another look at the 'white male' effect (2003, background): “However, there is evidence that men perceive risks in the financial domain to be lower than do women (Olsen and Cox 2001) and that women are more risk averse than men with respect to financial investments (Jianakoplos and Bernasek 1998).”
The Less You Know, the More You Are Afraid of—A Survey on Risk Perceptions of Investment Products (2011, background): “A study on risk perception by professional men and women investors found that women tend to perceive higher risk for saving accounts, long-term bonds, and IPOs than their male counterparts ( Olsen and Cox [2001 ]).”
Sex or gender? Expanding the sex-based view by introducing masculinity and femininity as predictors of financial risk taking (2008, background): “Risk is an important characteristic of investments and commonly used to classify assets from a macroeconomic perspective (Olsen & Cox, 2001).”
Gender Differences in Delay of Gratification: A Meta-Analysis (2003, background): “Regarding investing, Olsen and Cox (2001) found that among professionally trained investors, women weighed risk attributes, such as possibility of loss, more heavily than did men, and women tended to emphasize risk reduction more than men did in portfolio construction.”
The influence of risk perception, risk tolerance, overconfidence, and loss aversion towards investment decision making (2019, background): “Previous research shows that women have a higher level of loss aversion than men (Charness & Gneezy, 2012; Schmidt & Traub, 2002) and things cause women to invest less in high-risk assets (Charness & Gneezy, 2012; Olsen & Cox, 2001).”
Firm Performance and Women on the Board: Evidence from Spanish Small and Medium-Sized Enterprises (2014, result): “Another example of men and women’s different attitudes toward risk is found in firm debt policies; studies have found lower debt levels in women-run firms (Olsen and Cox 2001; Barbara J. Orser, Allan L. Riding, and Kathryn Manley 2006).”
Gender Differences in Risk Aversion and Expected Retirement Benefits (2007, background): “In addition to anecdotal evidence, considerable empirical evidence suggests that women are more risk averse than men.1 Hinz, McCarthy, and Turner (1997), Sundén and Surette (1998), and Olsen and Cox (2001) found that the increased risk aversion affects the investment choices of women.”
Gender Differences in Financial Reporting Decision-Making: Evidence from Accounting Conservatism (2015, neutral): “Olsen and Cox (2001) survey a sample of chartered financial analysts and certified financial planners and find that female professional investors are more concerned about downside risk than their male counterparts, and are more likely to reduce risk given a target return.”
Will Women be Women? Analyzing the Gender Difference Among Financial Experts (2008, neutral): “Weonly knowofone studywhichanalyzes someattitudes towards riskofUSfinancial experts,mainly investment counselors, finding that these female professionals seem to be more risk averse than men (Olsen and Cox, 2001).”
Investment management and personality type (2008, background): “Bajtelsmit, Bernasek and Jianakoplos (1999); Hariharan, Chapman and Domian (2000); and Olsen and Cox (2001) arrive at the conclusion that women are not as likely to invest in higher risk assets as men possessing similar significant personal characteristics.”
Are Female CFOs Less Tax Aggressive? Evidence from Tax Aggressiveness (2014, background): “Olsen and Cox (2001) find that female professional investors are more concerned about downside risk than their male counterparts.”
Gender and risk: women, risk taking and risk aversion (2010, background): “Evidence suggests that this is because women estimate the probability of gains and losses differently than men (Fehr-Duda et al., 2006; Olsen and Cox, 2001).”