Sehrish, Saba ORCID: https://orcid.org/0000-0001-9443-2450, Naeem, Muhammad Abubakr, Karim, Sitara and Yarovaya, Larisa
(2024)
Gender and mutual fund liquidity.
British Journal of Management, 35 (2).
pp. 729-749.
ISSN 1045-3172
Preview |
PDF (British J of Management - 2023 - Sehrish - Gender and Mutual Fund Liquidity)
- Published Version
Available under License Creative Commons Attribution. Download (323kB) | Preview |
Abstract
We examine whether US mutual funds managed by females have a higher portfolio liquidity than those of their male counterparts. Single female managers’ holdings are 8–25% more liquid than those of single-male-managed funds. When there is a transition from a male to a female manager, fund holdings liquidity increases compared with a male to male transition. The findings are consistent with the risk-averse and conservative decision-making behaviour of female managers. We do not find evidence to support the excessive trading hypothesis that predicts a higher portfolio liquidity for overconfident male fund managers. Our findings add to growing evidence that gender affects professionals’ investment choices.
Item Type: | Article |
---|---|
Uncontrolled Keywords: | business, management and accounting(all),strategy and management,management of technology and innovation,sdg 5 - gender equality ,/dk/atira/pure/subjectarea/asjc/1400 |
Faculty \ School: | Faculty of Social Sciences > Norwich Business School |
Related URLs: | |
Depositing User: | LivePure Connector |
Date Deposited: | 05 Dec 2023 02:36 |
Last Modified: | 23 Jul 2024 02:18 |
URI: | https://ueaeprints.uea.ac.uk/id/eprint/93863 |
DOI: | 10.1111/1467-8551.12727 |
Downloads
Downloads per month over past year
Actions (login required)
![]() |
View Item |