The impact and necessity of gender diversification on and in corporations and their risk-taking and decision-making is a large matter of public interest. Just like in the academic literature, no clear answer to the question of how gender affects corporate financial decision-making and risk-taking can be found in public. Furthermore, previous literature does not consider the impact of the financial crisis 2007/08. Therefore, this article aims at answering this question by reviewing literature and conducting a case study, in which EasyJet and Ryanair are investigated as well as the impact of the financial crisis and its influence on financial decision making and risk taking. Findings are that a female CEO does improve overall risk taking, but not in all aspects.
Inhaltsverzeichnis (Table of Contents)
- Introduction
- Literature Review
- Case Study
- Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This essay aims to investigate the impact of gender on corporate financial decisions and risk-taking. It specifically focuses on analyzing recent data, particularly data from around and after the 2007/08 financial crisis. To achieve this, the essay conducts a case study on EasyJet, comparing it to its peer company Ryanair.
- The effect of gender on corporate financial decisions and risk-taking.
- Analysis of recent data, including data from around and after the 2007/08 financial crisis.
- Case study comparing EasyJet, with a female CEO, to Ryanair, with a male CEO.
- Comparison of financial performance indicators before and after a transition to a female CEO at EasyJet.
- Exploring the relationship between gender and risk aversion in corporate leadership.
Zusammenfassung der Kapitel (Chapter Summaries)
- Introduction: This chapter introduces the research topic of gender's influence on corporate financial decisions and risk-taking. It highlights the gap in existing literature regarding recent data and the specific focus on EasyJet's transition to a female CEO.
- Literature Review: This section reviews existing literature on the relationship between gender and corporate financial decisions and risk-taking. It explores contrasting findings and methodologies from previous studies, focusing on the limitations of existing research.
- Case Study: This chapter delves into the case study of EasyJet, comparing its financial performance before and after the transition to a female CEO with that of its peer company, Ryanair. It analyzes various financial ratios and regressions to assess the impact of gender on risk-taking and financial decision-making.
Schlüsselwörter (Keywords)
The key topics and concepts explored in this essay include corporate finance, risk-taking, gender, financial decision-making, case study, EasyJet, Ryanair, CEO transition, return on assets, leverage, beta, standard deviation, share price volatility, and financial crisis.
- Quote paper
- Johannes Laake (Author), 2016, How does gender affect corporate financial decisions and risk taking?, Munich, GRIN Verlag, https://www.grin.com/document/364716
