The effects of gender composition of senior management on the economic fallout

Applied Economics Letters

Volumn 18, Issue 16, 2011, Pages 1603-1607

  Bansak, Cynthia A ^a   Graham, Mary E ^b   Zebedee, Allan A ^b  

^a ST LAWRENCE UNIVERSITY   (United States)

^b CLARKSON UNIVERSITY   (United States)

Author keywords

Financial crisis; Gender; Risk management; Senior management; Troubled asset relief program (TARP) funding

Indexed keywords

DECISION MAKING; FINANCIAL CRISIS; FINANCIAL SYSTEM; FIRM SIZE; GENDER ISSUE; RISK ASSESSMENT; WOMENS STATUS;

UNITED STATES;

EID: 79961096873     PISSN: 13504851     EISSN: 14664291     Source Type: Journal    
DOI: 10.1080/13504851.2011.554364     Document Type: Article

References (20)

1. Atkinson, S. M., Baird, S. B. and Frye, M. B. (2003) Do female mutual fund managers manage differently?, The Journal of Financial Research, XXVI, 1-18.
2. Barber, B. M. and Odean, T. (2001) Boys will be boys: gender, overconfidence, and common stock investment, The Quarterly Journal of Economics, 1, 261-92.
3. Byrnes, J. P., Miller, D. C. and Schafer, W. D. (1999) Gender differences in risk taking, a meta-analysis, Psychological Bulletin, 125, 367-83.
4. Carpenter, M. A., Geletkanycz, M. A. and Sanders, W. G. (2004) Upper echelons research revisited: antecedents, elements, and consequences of top management team composition, Journal of Management, 30, 749-78.
5. Catalyst (2004) The Bottom Line: Connecting Corporate Performance and Gender Diversity, Catalyst,NewYork.
6. Endres, M. L., Chowdhury, S. K. and Alam, I. (2008) Gender effects in bias in complex financial decisions, Journal of Managerial Issues, 20, 238-54.
7. Fitzgerald, J. (2009) Congressmen Grill Bankers: Blame Them for Financial Meltdown, McClatchy - Tribune Business News, Washington, DC.
8. Gratton, L., Kelan, E., Voigt, A., Walker, L. and Wolfram, H.-J. (2007) Innovative Potential: Men and Women in Teams, London Business School, London.
9. Hambrick, D. C. and Mason, P. A. (1984) Upper echelons: the organization as a reflection of its top managers, Academy of Management Review, 9, 193-206.
10. Johnson, J. E. V. and Powell, P. L. (1994) Decision making, risk and gender: Are managers different?, British Journal of Management, 5, 123-38.
11. Kahneman, D. and Tversky, A. (1979) Prospect theory: an analysis of decision under risk, Econometrica, 47, 263-91.
12. Karakowsky, L. and Elangovan, A. R. (2001) Risky decision making in mixed-gender teams: Whose risk tolerance matters?, Small Group Research, 32, 94-111.
13. Luis-Carnicer, P. D., Martinez-Sanchez, A., Perez-Perez, M. and Vela-Jimenez, M. J. (2008) Gender diversity in management: curvilinear relationships to reconcile findings, Gender in Management, 23, 583-97.
14. March, J. G. and Simon, H. A. (1958) Organizations, Wiley, New York.
15. Muldrow, T. W. and Bayton, J. A. (1979) Men and women executives and processes related to decision accuracy, Journal of Applied Psychology, 64, 99-106.
16. Powell, M. and Ansic, D. (1997) Gender differences in risk behaviour in financial decision-making: an experimental analysis, Journal of Economic Psychology, 18, 605-28.
17. Schubert, R. (2006) Analyzing and managing risks - on the importance of gender differences in risk attitudes, Managerial Finance, 32, 706-15.
18. Smith, N., Smith, V. and Verner, M. (2006) Do women in top management affect firm performance? A panel study of 2500 Danish firms, International Journal of Productivity and Performance Management, 55, 569-93.
19. Sunden, A. E. and Surette, B. J. (1998) Gender differences in the allocation of assets in retirement savings plans, American Economic Review, 88, 207-21.
20. US EEOC (2009) EEO-1 Job Classification Guide. Available at http://www.eeoc.gov/employers/eeo1survey/jobclassguide.cfm (accessed 13 November 2009).