The role of gender stereotypes and social expectations in impacting financial behaviour has been the subject of research worldwide. Women often demonstrate under-confidence in financial decision making and depend upon their male counterparts (husbands/ partners) for their investing decisions. This is not only because of differences in financial knowledge and sophistication, but also the underlying…
This issue has been investigated in finance and gender research for quite some time now. Several studies have revealed that not only do women possess lower financial knowledge compared to men (called the gender knowledge gap), but they also tend to have lower self-confidence in their financial abilities[1]. For instance, on a financial quiz comprising…