Showing 1 - 10 of 21
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...
Persistent link: https://www.econbiz.de/10010308733
Persistent link: https://www.econbiz.de/10009742476
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...
Persistent link: https://www.econbiz.de/10010954916
We exploit a unique sample to analyze how homophily (affinity for similar others) and social ties affect career outcomes in banking. We test if these factors increase the probability that the appointee to an executive board is an outsider without previous employment at the bank compared to being...
Persistent link: https://www.econbiz.de/10010662601
estimate CE and PE of German banks between 1993 and 2003. Our main findings are threefold. First, after accounting for … systematic differences across banks, mean CE is sensitive to alternative input prices. Second, distortions of mean PE due to … traditional input prices are small. Third, across CE models small cooperative banks located in large western states are identified …
Persistent link: https://www.econbiz.de/10010295894
We analyze the stability of efficiency rankings of German universal banks between 1993 and 2004. First, we estimate …
Persistent link: https://www.econbiz.de/10010295915
banks and analyze whether efficiency measures yield consistent results according to five criteria between 1993 and 2004 …. Furthermore, our results show that accounting for systematic differences among commercial, cooperative and savings banks is …
Persistent link: https://www.econbiz.de/10010295917
Banks continue to differ in many ways, for instance with respect to business models, growth strategies, or financial … multiple technology regimes and group membership probabilities. The latter are conditioned on six bank traits of German banks … and we identify four signifficantly different technology regimes. Only small, retail focused banks exhibit cost …
Persistent link: https://www.econbiz.de/10010295952
compensation spurred average turnover rates driven by CEOs at poorly performing banks. Other than that, banks' responses to raise … fixed compensation sufficed to retain the vast majority of non-CEO executives and those at well performing banks. We fail to … find evidence that banks with executives that are more affected by the bonus cap became less risky. In fact, numerous …
Persistent link: https://www.econbiz.de/10012321383
In this paper, we investigate the claim that German banks are special compared to banks in other industrialised … economies. We show that banks are of particular importance to the German economy?as financial intermediary, as lender to the … corporate sector, and as part of the corporate governance system. Further, German banks are supervised by two supervisory …
Persistent link: https://www.econbiz.de/10010260503