Navigating Investment Risk and Gender Bias

Investment Choices in the Public and Private Sectors, and Gender Influence on Investment Choices

Abstract

"Navigating Risk and Gender Bias," a study, examines the dynamics of investing across sectors and genders. Using data from 139 respondents, it highlights persistent differences in gender bias in fund contributions even though female fund managers perform comparably. Analyzing overconfidence, the study reveals that male investors tend to choose riskier options while female investors are more cautious. Gender-neutral overconfidence and herding behaviors are common among inexperienced Indonesian investors, underscoring the need for specialized financial education. Furthermore, assumptions are challenged by sector-specific trends, such as the substantial majority of public sector employees choosing riskier securities. The private sector, on the other hand, takes a more impartial stance. These findings offer educators and policymakers insightful information and support focused approaches to address gender-based biases and investment behaviors unique to certain sectors. "Navigating Risk and Gender Bias" challenges stereotypes about sector-specific investment preferences and advances a more nuanced understanding of investing decisions by advocating for gender-sensitive financial education.