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 riskier individuals, but professionals become less prosocial in the sector. These attitudes are associated with behavioral consequences, and are mainly driven by male professionals in lower management.
Keywords: prosocial motivation; risk; ﬁnancial sector; selection; socialization