Managerial beliefs and banking behavior

HIGHLIGHTS

  • who: Damiano B. Silipo from the Dipartimento di Economia, Statistica e Finanza, Universitu00e0 della Calabria ( Italy have published the research work: Managerial Beliefs and Banking Behavior, in the Journal: (JOURNAL)
  • what: The aim of the paper is to provide an indicator of managerial beliefs (i.e., managerial optimism and pessimism). The authors show that managerial beliefs are significant determinants of future charge-offs, and they change during the business cycle. By contrast, the authors provide evidence that the persistence of optimism is very low, and the bank`s optimism before 2007 does not have any . . .

     

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