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Sex Matters: Gender Differences in the Financial Industry

In: Responsible Investment Banking

Author

Listed:
  • Alexandra Niessen-Ruenzi

    (University of Mannheim)

Abstract

For the past 20 years, the number of women working as fund managers in the US equity mutual fund industry has hovered at around 10 %, which is surprisingly low. While there are probably some self-imposed factors that contribute to this, such as career interruptions and the choice to work in other industries, our evidence shows that investors discriminate against funds run by women, investing less in them, making it less attractive for companies to employ women and less appealing for women to work in the sector.

Suggested Citation

  • Alexandra Niessen-Ruenzi, 2015. "Sex Matters: Gender Differences in the Financial Industry," CSR, Sustainability, Ethics & Governance, in: Karen Wendt (ed.), Responsible Investment Banking, edition 127, pages 439-443, Springer.
    • Handle: RePEc:spr:csrchp:978-3-319-10311-2_29
    DOI: 10.1007/978-3-319-10311-2_29
    as

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