Measures of reported self-confidence in performing financial analysis by 57
professional female analysts, 29 born between 1946 and 1964 and 28 born be
tween 1965 and 1976, were investigated and reported. Because self-confidenc
e in one's ability affects buy, sell, and hold recommendations and decision
s, it is important in the securities industry. The respondents analyzed a s
et of multiyear corporate financial statements and reported their self-conf
idence in six separate financial areas. Data from the 57 female financial a
nalysts were rallied and analyzed using both univariate and multivariate st
atistical tests. Rated self-confidence was significantly higher for the you
nger women than for the older women.