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Autor:innen: 
Erscheinungsjahr: 
2020
Schriftenreihe/Nr.: 
SOEPpapers on Multidisciplinary Panel Data Research No. 1075
Verlag: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Zusammenfassung: 
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.
Schlagwörter: 
prosocial motivation
risk
financial sector
selection
socialization
JEL: 
D64
D81
D53
D90
M5
Dokumentart: 
Working Paper

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