It has been the widely accepted view, supported by research, that women are more risk-averse than men when it comes to decision making. But a new study from the University of Alberta suggests that might not be the case.
Instead, the research indicates that decision-making differences between genders has more to do with environmental context and the level of scrutiny a CEO endures.
“This general assumption of female CEOs being more conservative than male CEOs is probably too simplistic,” said lead author Daniel Gamache, associate professor of management at the Terry College of Business at the University of Georgia.