Testosterone Influences Women's Career Moves

.

testosterone

A recent study in the U. S. Suggests that some women with higher testosterone levels are more likely to choose high-risk financial careers.

Paola Sapienza, an associate professor at the Kellogg School of Management at Northwestern University, said, "In general, women are more risk-averse than men when it comes to making important financial decisions, which in turn can affect their career choices".

She observed in a sample set that 36 percent female students in an MBA course opted to go for high-risk financial careers as compared to the 57 percent male students in the same course.

This was concluded by measuring the testosterone levels in the saliva samples collected from 500 MBA students at the University of Chicago Booth School of Business. Another experiment was conducted to find the link between testosterone levels and risk aversion.

The results suggested that higher levels of testosterone were related with a greater chance for risk in women but not in men. It also showed that women and men with similar levels of testosterone did not display any gender difference in risk aversion.

This is the first study which links the difference in risk aversion in women and men to biological aspects.


Latest News

Latest Funding Value Snapchat at $10 billion
American Airlines Pulls Listing and Fares from Orbitz Due to Unsuccessful Effort
Is Burger King’s Deal with Tim Hortons Going to Affect Its Popularity?
Fans Show Twitch’s $970 Million Acquisition is Worth It
Ann Taylor (ANN) Shares Increase as Activist and Investors Put Pressure for Sale
Though The Market Basket Employees are Disappointed But They are not Giving up P
CME Group Faces Technical Glitch that Halts Trading for Four Hours
Survey Shows Lesser Number of Economists Believe US Monetary Policy to be on Rig
Burger King in Discussion with Canada's Tim Hortons for a Merger
Ackman and Valeant call for special meeting of Allergan shareholders
Home Depot to Bid Farewell to Blake as   CEO But He Continues to Stay As Chairma
UPS Store Data Breach: About 100,000 or More Customers Could Have Been Affected