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Financial freedom experience of Indian Male and Female Executives

Author

Listed:
  • Raval, Vishvesh
  • Vyas, Khyati

Abstract

Financial freedom is generally understood as state to do anything whenever you want. Financial well being brings lot of direct benefits like mental peace and capability to help others financially. Gender equality is new development of last few decades and one sees women in various roles, including females developing wealth for themselves. Every individual is different. We observe behavioral differences on Gender basis. Financial freedom experience of female Executives is very important to study against traditional male Executives. We decided that an attempt should be made to examine how financial freedom experience is different for male Executives and female Executives. Sample of 60 was selected comprising of 30 male participants and 30 female participants. All Executives were at least 18 years of age. Participants pursued different types of employment largely falling in production and trade on full time basis. Executives belonged to Vapi, Navsari, Vadodara and Ahmedabad. It was observed that Executives score do not show significant difference on Gender basis

Suggested Citation

  • Raval, Vishvesh & Vyas, Khyati, 2013. "Financial freedom experience of Indian Male and Female Executives," MPRA Paper 49460, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:49460
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    References listed on IDEAS

    as
    1. Urvi Neelakantan, 2010. "Estimation And Impact Of Gender Differences In Risk Tolerance," Economic Inquiry, Western Economic Association International, vol. 48(1), pages 228-233, January.
    2. Lucie Schmidt & Purvi Sevak, 2006. "Gender, Marriage, And Asset Accumulation In The United States," Feminist Economics, Taylor & Francis Journals, vol. 12(1-2), pages 139-166.
    3. Sunden, Annika E & Surette, Brian J, 1998. "Gender Differences in the Allocation of Assets in Retirement Savings Plans," American Economic Review, American Economic Association, vol. 88(2), pages 207-211, May.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Behavioural Finance; Psychology;

    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
    • D80 - Microeconomics - - Information, Knowledge, and Uncertainty - - - General
    • E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
    • H30 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - General
    • I0 - Health, Education, and Welfare - - General
    • J0 - Labor and Demographic Economics - - General
    • P36 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty
    • R2 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis
    • R20 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - General

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