Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/271233 
Year of Publication: 
2020
Series/Report no.: 
QMS Research Paper No. 2020/02
Publisher: 
Queen's University Belfast, Queen's Management School, Belfast
Abstract: 
The early twentieth century saw the British capital market reach a state of maturity before any of its global counterparts. This coincided with more women participating directly in the stock market. In this paper, we analyse whether these female shareholders chose to invest independently of men. Using a novel dataset of almost 500,000 shareholders in some of the largest British railways, we find that women were much more likely to be solo shareholders than men. There is also evidence that they prioritised their independence above other considerations such as where they invested or how diversified they could be
JEL: 
G10
J16
N23
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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