The Impact of Race, Ethnicity and Gender on Investor Stock Risk Behavior: Implications for Invest Managers
J. R. Smith, Andrea Tillman-Hawkins, Alisa L. Mosley, Jean-Claude Assad

Abstract
An event study methodology for different time periods were employed to discern to what extent, if any, race, ethnicity and gender impact stock prices to determine firm performance. The research question was addressed from the perspective of investors stock risk behavior. Study findings utilizing multiple regression techniques revealed significant mixed results with respect to a cultural diverse workforce and firm performance. Research voids, gaps, priorities and avenues for future research were advanced.

Full Text: PDF     DOI: 10.15640/jmpp.v7n1a3