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Project Citation: 

Ashraf, Nava, Bandiera, Oriana, and Delfino, Alexia. Data and Code for: The Distinctive Values of Bankers. Nashville, TN: American Economic Association [publisher], 2020. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2020-07-27.

Project Description

Summary:  View help for Summary The banking sector is sometimes characterized by dysfunctional culture, but little is known about what values bankers hold. We gather data on employee values in a large multinational bank and measure alignment within the bank and with broader society. We find that bankers at the bottom of the hierarchy hold values that are mirrors of their societies, but the top-ranked bankers hold values that are most distinct from their countries.  These distinctive values are those with the greatest impact on performance and potential for promotion, suggesting a possible trade-off between coherence within the organization and dissonance with society.

Scope of Project

JEL Classification:  View help for JEL Classification
      D22 Firm Behavior: Empirical Analysis
      F23 Multinational Firms; International Business
      G21 Banks; Depository Institutions; Micro Finance Institutions; Mortgages
      L25 Firm Performance: Size, Diversification, and Scope
      M12 Personnel Management; Executives; Executive Compensation
      M14 Corporate Culture; Diversity; Social Responsibility
      M51 Personnel Economics: Firm Employment Decisions; Promotions
Geographic Coverage:  View help for Geographic Coverage World Wide
Data Type(s):  View help for Data Type(s) survey data

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