重新审视投资业绩中的性别差距:注意力的作用

IF 2.1 3区 经济学 Q2 BUSINESS, FINANCE
Denis Davydov, Karl Eskner, Jarkko Peltomäki
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引用次数: 0

摘要

本文回顾了性别对投资组合绩效的影响,探讨了由于财务信心的差异,投资者可能从增加的财务关注中获得较少的收益的假设。使用超过74.5万名投资者的交易账户数据,我们发现男性和女性之间投资业绩的差异取决于他们对投资组合的关注程度。此外,我们的研究结果表明,投资者关注的积极影响主要归因于年轻男性,他们似乎从高度关注中获益最多。
本文章由计算机程序翻译,如有差异,请以英文原文为准。

Gender gap in investment performance revisited: The role of attention

Gender gap in investment performance revisited: The role of attention

This paper revisits the effect of gender on portfolio performance, exploring the hypothesis that investors may derive fewer benefits from increased financial attention due to disparities in financial confidence. Using data from trading accounts of over 745,000 investors, we find that the difference in investment performance between men and women depends on the level of attention that they pay to their portfolios. Furthermore, our results indicate that the positive effects of investor attention are primarily attributable to young men, who appear to benefit the most from heightened attentiveness.

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来源期刊
European Financial Management
European Financial Management BUSINESS, FINANCE-
CiteScore
4.30
自引率
18.20%
发文量
60
期刊介绍: European Financial Management publishes the best research from around the world, providing a forum for both academics and practitioners concerned with the financial management of modern corporation and financial institutions. The journal publishes signficant new finance research on timely issues and highlights key trends in Europe in a clear and accessible way, with articles covering international research and practice that have direct or indirect bearing on Europe.
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