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In this paper we study top executive turnover in Italian Banks over the period 1993-2001. We relate the probability of survival of top executives (Presidents, CEOs and General Managers) to bank performance and the manager's local connections, controlling for (observable and unobservable) bank...
Persistent link: https://www.econbiz.de/10003772161
We study the GDPR's opt-in requirement in a model with a firm that provides a digital service and consumers who are heterogeneous in their valuations of the firm's service as well as the privacy costs incurred when sharing personal data with the firm. We show that the GDPR boosts demand for the...
Persistent link: https://www.econbiz.de/10014334058
We analyze the effect of the introduction of gender quotas in candidate lists on the quality of elected politicians. We … a Difference in Differences estimation to analyze the effect of gender quotas on the quality of elected politicians. We … find that gender quotas are associated with a higher average number of years of schooling of elected politicians, with the …
Persistent link: https://www.econbiz.de/10009490609
instrument to control and reward politicians' loyalty throughout a legislature. Especially in a majoritarian electoral system …
Persistent link: https://www.econbiz.de/10011571525
press. Focusing on Italy, we generate a daily measure of exposition to local corruption screening articles of main Italian … reduces citizens participation: voter turnout decreases but characteristics of elected politicians are not affected; second …, politicians participation modifies: number of candidates lowers along with proportion of running freshmen. These results suggest …
Persistent link: https://www.econbiz.de/10011721582
findings indicate that voters keep incumbent politicians accountable by conditioning their vote on the observed effects of …
Persistent link: https://www.econbiz.de/10011668874
This paper analyses lending behaviour and economic fluctuations in the Italian banking system as a whole and in the case of the Cooperative Credit Banks (CCBs) using time series data from 2000Q1 to 2022Q4. The specified models include the main determinants of loans to households and firms. In...
Persistent link: https://www.econbiz.de/10014478293
A puzzling but consistent result in the empirical literature on banking is that firms with close bank ties do not grow faster than bank-independent firms. In this paper, we reconsider the link between relationship lending and firms' growth, distinguishing firms by size and "health". The idea is...
Persistent link: https://www.econbiz.de/10003981984
We investigate the role of workers' and managerial experience as a determinant of firm innovation and productivity in a sample of Italian manufacturing firms. A high share of temporary - thus un-experienced - workers is associated to low innovation and productivity. The effect of managerial...
Persistent link: https://www.econbiz.de/10003985881
In this paper we contribute to the literature on the structure of interlocking directorship networks and to the literature on the relationship between corporate governance and performance. We use a unique dataset made of corporate governance variables related to the board size and interlocking...
Persistent link: https://www.econbiz.de/10009009693