The Effect of Fund Manager᾽s Gender Gap on Fund Investment Behavior
| Autor: | CHANG,HUI-WEN, 張惠雯 |
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| Rok vydání: | 2018 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 106 Open-end equity funds have been used as research samples in most studies that have investigated the personal characteristics of fund managers in Taiwan. Based on the fund categorization of Funddj.com, this study selected multinational investment stock type global market mutual fund as research samples to explore the impact of gender gap among fund managers on investment behavior. Data from 2012 to 2016 were collected and analyzed using an independent t test and multiple regression analysis. The results revealed that fund manager gender is significantly and negatively correlated to performance, indicating that female managers outperform their male counterparts; and gender is significantly and positively correlated to risk, suggesting that male managers have higher risk than do female managers. In addition, a significant positive correlation between gender and turnover ratio was identified, demonstrating that the confidence level of male managers is higher than that of female managers. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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