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Social capital theory predicts individuals establish social ties based on homophily, i.e., affinities for similar others. We exploit a unique sample to analyze how similarities and social ties affect career outcomes in banking based on age, education, gender, and employment history to examine if...
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, the Neuer Markt in Germany opened. Six years later, in June 2003, it closed forever. In the interim period lay the …-makers behave constructively turn out to be invalid, and managers will know this before shareholders do. Thus, faulty valuation by …
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