Posted in: Sustainable Banking
Clarissa Hauptmann quoted in U.S. News & World Report
Finance Ph.D. researcher Clarissa Hauptmann was quoted in an article on the current presidential elections in U.S. News & World Report. The news article discusses economic and societal issues arising from the gender gap and questions Trump’s suitability to alleviate these problems. In her research, Clarissa has shown that attitudes towards women skew even the cost of capital for firms that women lead: Societies with sceptical views on female executive performance punish otherwise equal female-lead firms with less favourable loan conditions. A recent version of her working paper with Stefanie Kleimeier and Stefan Straetmans can be found here.