Do Women Manage Smaller Funds?

verfasst von

Olaf Hübler, Lukas Menkhoff

Abstract

Based on a sample of 467 asset managers from four countries we robustly find that women manage smaller funds than men, despite tough competition in this industry. Interestingly, the gender gap exists only for managers of smaller funds, i.e. at the lower end of the hierarchy, as quantile regressions show. This is inconsistent with the glass ceiling hypothesis. Going further, this gender gap is limited to large firms. Explanations may refer to large firms using market power in the area of smaller funds or to 'visibility' among top asset managers protecting against unequal treatment of the sexes.

Organisationseinheit(en)

Gottfried Wilhelm Leibniz Universität Hannover

Typ

Artikel

Journal

Scottish Journal of Political Economy

Band

58

Seiten

107-126

Anzahl der Seiten

20

ISSN

0036-9292

Publikationsdatum

02.2011

Publikationsstatus

Veröffentlicht

Peer-reviewed

Ja

ASJC Scopus Sachgebiete

Soziologie und Politikwissenschaften, Volkswirtschaftslehre und Ökonometrie

Ziele für nachhaltige Entwicklung

SDG 5 – Gleichberechtigung der Geschlechter

Elektronische Version(en)

https://EconPapers.repec.org/RePEc:iza:izadps:dp4771 (Zugang: Offen)
https://doi.org/10.1111/j.1467-9485.2010.00537.x (Zugang: Geschlossen)