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We provide the first quantitative synthesis of the literature on how financial markets react to the disclosure of financial crimes committed by listed firms. While consensus expects negative stock price returns, the exact size of the effect is far from clear. We survey 111 studies published over...
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Vertrauen ist in den letzten Jahren zu einem ambivalenten Schlüsselbegriff geworden, der in Debatten um den vermeintlichen Vertrauensverlust im öffentlichen Leben wie gegenüber Politikern und Institutionen aufgegriffen wird. Der Begriff wird auch als Ursache für die Krise auf den globalen...
Persistent link: https://www.econbiz.de/10011602044
the power of our approach with the analysis of trust and trustworthiness in Germany by combining representative survey … elicit people's trust correlate well with behaviorally exhibited trust in the experiment. People above the age of 55, highly … favoring the Social Democratic Party or the Christian Democratic Party exhibit more trust. People above the age of 65 and those …
Persistent link: https://www.econbiz.de/10011437195
Can a major shock in childhood permanently shape trust? We consider a hunger episode in Germany after WWII and … regional and temporal variation. We correlate hunger exposure with measures of trust using data from a nationally … significantly lower levels of trust as adults. This finding highlights that early-life experiences can have long-term effects in …
Persistent link: https://www.econbiz.de/10011540782
This study presents descriptive and causal evidence on the role of social environment for the formation of prosociality. In a first step, we show that socio-economic status (SES) as well as the intensity of mother-child interaction and mothers’ prosocial attitudes are systematically related to...
Persistent link: https://www.econbiz.de/10011455853
This study presents descriptive and causal evidence on the role of social environment for the formation of prosociality. In a first step, we show that socio-economic status (SES) as well as the intensity of mother-child interaction and mothers' prosocial attitudes are systematically related to...
Persistent link: https://www.econbiz.de/10011477514
institutional trust in post-reunification Germany. We also find substantial and long-lasting economic effects of Stasi surveillance …
Persistent link: https://www.econbiz.de/10012137419
This study presents descriptive and causal evidence on the role of social environment for the formation of prosociality. In a first step, we show that socioeconomic status (SES) as well as the intensity of mother-child interaction and mothers' prosocial attitudes are systematically related to...
Persistent link: https://www.econbiz.de/10012064400