12. Februar 2020

SOEP Brown Bag Seminar

Prosociality and Risk Preferences in the Financial Sector

Termin

12. Februar 2020
12:30 - 13:30

Ort

Conference Room 33002c nn
DIW Berlin
Room 3.3.002c
Mohrenstraße 58
10117 Berlin

SprecherInnen

Max Deter, University of Wuppertal
Using large-scale data from the German Socio-Economic Panel (SOEP), this paper finds that financial professionals have a lower prosociality and riskier behavior than a control group. I interpret these findings using the person-organization fit theory, and thus, the compatibility between the employee's personality and the prevailing culture in their organization. The financial sector attracts rather than socializes riskier and less prosocial professionals. These attitudes are associated with behavioral consequences, and are mainly driven by male professionals in lower management.

Kontakt

Lea-Maria Löbel

Wissenschaftliche Mitarbeiterin im Bereich Survey Management in der Infrastruktureinrichtung Sozio-oekonomisches Panel