'Aggressive' female board members take more risks than men, research shows

Article here. Excerpt:

'Women at board level are "less experienced", "more aggressive" and "more likely to take risks" with a bank's finances - a report by an all-male group of academics and bankers has found.

The Bundesbank’s Thomas Kick led the study, entitled Executive board composition and bank risk taking, that flies in the face of the theory that women in senior management take a more balanced, risk-averse approach.

The German central bank's research found that female board members were more likely to take risks with a bank's finances than their male counterparts.

It urges financial institutions to be cautious when re-addressing the gender balance: "Employing a higher proportion of female board members significantly increases risk taking."'