The risk taking isn’t limited to women. Younger people in executive roles also took more risks, while adding Ph.D.s to the mix made management teams more conservative.
The report examined banking roles based on gender, age, and education from 1994 to 2010. Many of the findings were attributed to different levels of experience and also different levels of education. People of both genders who had Ph.D.’s were more inclined to be sophisticated risk managers
than those with less education and less experience.
What this implies about American women in executive positions is unclear since the report was based on European banks. A similar report conducted on women in management positions across the globe would have greater impact.