Gender differences in investment preferences among young professionals in the National Capital Region

• Main Authors: Cinco, Marie Angeleen S., Devnani, Karam Dharmdas Y., Sy, Charissa U., Villanueva, Maureen Janine L.
• Format: text
• Language: English
• Published: Animo Repository 2009
• Subjects: Investments > Philippine > Case studies; Mutual funds > Philippines; Finance and Financial Management
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/18374
• Institution: De La Salle University

The paper attempts to explore how men and women differ in their individual investment preferences. Although there are some studies for the investors in developed countries, the subject has been overlooked in emerging and underdeveloped countries. Therefore, this study is one of the first empirical studies exploring the investment behaviors of men and women by focusing on an emerging country, Philippines. For the purpose to find out how investment preferences of men and women differ towards four investment tools, namely, bank deposits, mutual funds, common stocks, and insurance, a discriminant analysis and a logistic regression are exercise. The results revealed that while men investors prefer common stocks and mutual funds to invest in, which signifies that men are risk taker women investors are more risk averse and invest in bank deposits. There is no significant difference between men and women in insurance investment.