Searching for Suze Orman: Women Empowerment and its Effect on Financial Behavior

2013 ◽  
Author(s):  
Suparna Chakraborty
Author(s):  
Thomas Plieger ◽  
Thomas Grünhage ◽  
Éilish Duke ◽  
Martin Reuter

Abstract. Gender and personality traits influence risk proneness in the context of financial decisions. However, most studies on this topic have relied on either self-report data or on artificial measures of financial risk-taking behavior. Our study aimed to identify relevant trading behaviors and personal characteristics related to trading success. N = 108 Caucasians took part in a three-week stock market simulation paradigm, in which they traded shares of eight fictional companies that differed in issue price, volatility, and outcome. Participants also completed questionnaires measuring personality, risk-taking behavior, and life stress. Our model showed that being male and scoring high on self-directedness led to more risky financial behavior, which in turn positively predicted success in the stock market simulation. The total model explained 39% of the variance in trading success, indicating a role for other factors in influencing trading behavior. Future studies should try to enrich our model to get a more accurate impression of the associations between individual characteristics and financially successful behavior in context of stock trading.


2012 ◽  
Vol 3 (8) ◽  
pp. 1-3
Author(s):  
B.SREENIVASA REDDY ◽  

Author(s):  
Ms. Niharika ◽  
Prof. M. K. Singh

Women are the dynamic segment and the most vibrant as well as potentially most valuable human resources. Women Empowerment has gained importance in india in the wake of economic liberalization, privatization and globalization.. The policy and institutional framework for developing entrepreneurial skills ,providing vocational training and education has widened the horizon for empowerment of women economically. In order to provide vocational training and education , skill training, entrepreneurship development to the emerging workforce, the Government of India has also introduced National Skill Development Policy and National skill Development Mission in 2009. This article explores the empowerment of women through skill development and vocational training programs. The results shows that skill development programs play a key role in empowering the rural women and the women also look positively towards income generating programs. KEYWORDS- Women Empowerment, Skill Development, Vocational Training, Government


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