Does your voice matter? Well, it turns out that for female executive on investor calls, it definitely is.
The scrutiny faced by female executives during earnings calls can be relentless and unforgiving, particularly on Wall Street.
It goes beyond just analyzing numbers and company performance; their presentation style is also dissected. While men also face scrutiny, a recent study has shed light on the challenges faced by women in the hot seat. Surprisingly, the way they speak could potentially predict poor company performance.
The study also suggests that one unintended consequence of the MeToo movement was the rewarding of men who exhibited speech patterns traditionally associated with women.
Another paper by the same authors found that equity analysts are more likely to downgrade stock recommendations when companies appoint female chiefs, despite no evidence of underperformance.
Anjli Raval
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Read the full article at: https://on.ft.com/3ujuoNY
