Gender difference and job replacement for mutual fund |
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Authors: | Jo-Hui Chen |
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Institution: | 1.Department of Finance,Chung Yuan Christian University,Chung Li,Taiwan, ROC |
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Abstract: | This paper develops parametric shared-frailty models to analyze the likelihood of the spell time of job replacement. This
empirical study identifies the importance of window dressing, herding behavior, and fund manager’s characteristics from the
viewpoints of gender and performance differences. Finally, it considers how gender difference contributes to managerial turnover,
while it finds that performance difference is not quite different among fund managers in Taiwan. |
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Keywords: | |
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