Browsing by Subject "Inheritance regime"

Now showing 1 - 1 of 1
  • Thumbnail Image
    Publication
    Open Access
    Gender Differential and Financial Inclusion: Women Shareholders of Banco Hispano Americano in Spain (1922–35)
    (Taylor and Francis, 2023-07-10) Martínez Rodríguez, Susana; López Gómez, Laura; Economía Aplicada
    This study reveals that women had a significant presence as shareholders inSpanish financial corporations in the early-twentieth century. In the 1920sand 1930s, on average, 40 percent of the shareholders of Banco HispanoAmericano, a leading commercial bank, were women, and they owned morethan one-third of the share capital. The legal framework did not discriminateagainst women’s ownership, and bank regulations did not discourage womenfrom investing in shares. The main cause of the large share of womenshareholders is kinship with other shareholders. The findings also highlightthe importance of inheritance regimes that treat all siblings equally, regardlessof sex, to access parents’ wealth to reduce the wealth gap. Finally, the studyhighlights how historical cases may contribute to current debates on howwomen gain and retain wealth through access to financial assets