Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: http://hdl.handle.net/10419/162446
Autoren: 
Cohn, Alain
Fehr, Ernst
Maréchal, Michel André
Datum: 
2017
Reihe/Nr.: 
Working Paper 244
Zusammenfassung: 
In recent years, the banking industry has witnessed several cases of excessive risk-taking that frequently have been attributed to problematic professional norms. We conduct experiments with employees from several banks in which we manipulate the saliency of their professional identity and subsequently measure their risk aversion in a real stakes investment task. If bank employees are exposed to professional norms that favor risk-taking, they should become more willing to take risks when their professional identity is salient. We find, however, that subjects take significantly less risk, challenging the view that the professional norms generally increase bank employees' willingness to take risks.
Schlagwörter: 
Risk culture
banking industry
experiment
JEL: 
G02
M14
C93
Persistent Identifier der Erstveröffentlichung: 
Dokumentart: 
Working Paper
Nennungen in sozialen Medien:

48



Datei(en):
Datei
Größe
188.35 kB





Publikationen in EconStor sind urheberrechtlich geschützt.