Battistin, Erich; Graziano, Clara; Parigi, Bruno M. - In: European Economic Review 56 (2012) 3, pp. 470-487
In this paper we study the impact of the connections of the top executives (Presidents, CEOs and General Managers) of … Italian banks on their turnover and on bank performance. We measure managers’ connections by the kilometer distance between … the province of the bank's headquarter and the manager's province of birth. We show that top managers tend to be local in …