Kristina Meier, Alexandra Niessen-Ruenzi, Stefan Ruenzi
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The Impact of Role Models on Women’s Self-Selection into Competitive Environments
In this paper, we show that competitive female role models reduce women’s perceived stereotype threat and increase their willingness to compete. Competitive male role models have the opposite effect: they reduce women’s willingness to compete, and the gender gap in tournament entry increases. Results are strongest for the best performing women who would benefit most from competing. Role models have no impact on low performing women, and on men.
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The Quarterly Journal of Finance publishes high-quality papers in all areas of finance, including corporate finance, asset pricing, financial econometrics, international finance, macro-finance, behavioral finance, banking and financial intermediation, capital markets, risk management and insurance, derivatives, quantitative finance, corporate governance and compensation, investments and entrepreneurial finance.
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