Decision Making, Risk and Gender: Are Managers Different?

Decision Making, Risk and Gender: Are Managers Different? SUMMARY This paper explores differences in the nature of decisions taken by males and females. Women are playing an increasingly important role in business management and managers are ultimately tested and evaluated in terms of their success in making decisions. Consequently any difference in the character and quality of decisions taken by male and female managers will have important implications for organizations. This paper reviews the literature, and reports two pieces of empirical work which investigate the connections between gender and decision making. The decision‐making characteristics of males and females in a ‘non‐managerial’ population in which the majority of individuals have not undergone formal management education are contrasted with a ‘managerial’ population of potential and actual managers who have undertaken such education. It is argued that women are often excluded from managerial positions of authority and leadership due to stereotypes, which have been constructed by observing ‘non‐managerial’ populations at large. The paper concludes, however, that these stereotypes may not apply to managers as in the ‘managerial’ sub‐population males and females display similar risk propensity and make decisions of equal quality. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png British Journal of Management Wiley

Decision Making, Risk and Gender: Are Managers Different?

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Publisher
Wiley
Copyright
Copyright © 1994 Wiley Subscription Services, Inc., A Wiley Company
ISSN
1045-3172
eISSN
1467-8551
DOI
10.1111/j.1467-8551.1994.tb00073.x
Publisher site
See Article on Publisher Site

Abstract

SUMMARY This paper explores differences in the nature of decisions taken by males and females. Women are playing an increasingly important role in business management and managers are ultimately tested and evaluated in terms of their success in making decisions. Consequently any difference in the character and quality of decisions taken by male and female managers will have important implications for organizations. This paper reviews the literature, and reports two pieces of empirical work which investigate the connections between gender and decision making. The decision‐making characteristics of males and females in a ‘non‐managerial’ population in which the majority of individuals have not undergone formal management education are contrasted with a ‘managerial’ population of potential and actual managers who have undertaken such education. It is argued that women are often excluded from managerial positions of authority and leadership due to stereotypes, which have been constructed by observing ‘non‐managerial’ populations at large. The paper concludes, however, that these stereotypes may not apply to managers as in the ‘managerial’ sub‐population males and females display similar risk propensity and make decisions of equal quality.

Journal

British Journal of ManagementWiley

Published: Jun 1, 1994

References

  • Real and Laboratory Gambling, Sensation‐seeking and Arousal
    Anderson, Anderson; Brown, Brown
  • Men Managers and Women Workers: Women Employees as an Under‐used Resource
    Ashburner, Ashburner
  • Sex‐role Stereotypes: a Current Appraisal
    Broverman, Broverman; Vogel, Vogel; Broverman, Broverman; Clarkson, Clarkson; Rosenkrantz, Rosenkrantz
  • Sex Differences in Influenceability
    Eagly, Eagly
  • Flirting with death: variables affecting risk taking at intersections
    Ebbeson, Ebbeson; Haney, Haney

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