G2TT
来源类型Discussion paper
规范类型论文
来源IDDP15147
DP15147 Trustworthiness in the Financial Industry
Andrej Gill; Matthias Heinz; Heiner Schumacher; Matthias Sutter
发表日期2020-08-09
出版年2020
语种英语
摘要The financial industry has been struggling with widespread misconduct and public mistrust. Here we argue that the lack of trust into the financial industry may stem from the selection of subjects with little, if any, trustworthiness into the financial industry. We identify the social preferences of business and economics students, and follow up on their first job placements. We find that during college, students who want to start their career in the financial industry are substantially less trustworthy. Most importantly, actual job placements several years later confirm this association. The job market in the financial industry does not screen out less trustworthy subjects. If anything the opposite seems to be the case: Even among students who are highly motivated to work in finance after graduation, those who actually start their career in finance are significantly less trustworthy than those who work elsewhere.
主题Financial Economics ; Industrial Organization
关键词Trustworthiness Financial industry Selection Social preferences Experiment
URLhttps://cepr.org/publications/dp15147
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/544115
推荐引用方式
GB/T 7714
Andrej Gill,Matthias Heinz,Heiner Schumacher,et al. DP15147 Trustworthiness in the Financial Industry. 2020.
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