Navigation Links
Executives who take the fewest risks have the most negative emotions

"We have analysed emotional traits of low intensity. In this context, the higher the negative emotional traits are, the fewer risks taken by the bodies managed by the directors", Juan Bautista Delgado Garca, co-author of the study and researcher at UBU declares to SINC.

The study, which is published in the British Journal of Management, was produced based on a survey sent in 2004 to all the managing directors and general directors of Spanish banks and savings banks (70 banks and 46 savings banks). The survey had a response rate of 48.3% and contained a selection of questions related to the emotional traits and demographic characteristics of the executives.

In addition, to evaluate the level of economic risk of banks and savings banks, various measurements were used related to the general risk, the credit risk and lending portfolios (commercial credits, credits with guarantee in rem and financial leases), with the information obtained based on the annual accounts of the Banks.

The methodology that the scientists used attempted to condense the two main emotional traits, positive and negative ones, based on a commonly used scale, the PANAS scale of negative (such as nervousness or irritation) and positive (such as interest or enthusiasm) emotional traits.

"It is worth pointing out that although it may not seem so, these two types of emotional traits are two separate dimensions of the character of any individual. An individual can be very emotional, not emotional at all, or be very emotional in positive traits and not at all in negative ones and vice versa", explains Delgado.

The experts analysed two global risk measurements, the variability of results and the credit risk, in three main types of credits: commercial credits, credits with guarantee in rem (with some type of guarantee in rem linked, like mortgages) and finally, financial leases (those in which the lessee is expected to substantially assume all the profits, costs and risks inherent to the property).

"What has been observed is that the greater the negative emotional traits of the directors, the higher the proportion of credits with guarantees in rem the bank has and the fewer financial leases. In the case of commercial credits, no form of influence on emotions was detected", the expert points out.

More risks assumed at higher levels of studies

The investigation also compares the connection between business risk and previous experience in the banking sector, educational level, experience of the executive in a risk area and their participation in property.

"The most significant of these aspects is the educational level of the directors, in other words, it has an influence if the director has a degree, a master's or a doctorate. The higher the degree, the greater the level of risk assumed by the bank they manage", states Delgado.


Contact: SINC
FECYT - Spanish Foundation for Science and Technology

Related medicine news :

1. Integrated Healthcare Strategies Senior Consultant Signs Book Deal with American College of Healthcare Executives
2. Senior Healthcare Executives to Lead Hospital Charitable Service Awards
3. Two Jackson & Coker Executives to Accompany Medical Missions Brigade to Honduras
4. AssistCare Mexico Provides 24/7 Peace of Mind and Safety to Vacationers and Business Executives Traveling to Mexico
5. Advans Survey Reveals that 75 Percent of Executives Prefer Domestic Outsourcing vs. Offshore
6. Testosterone Gel Could Raise Heart Risks in Frail, Older Men
7. Intensively lowering glucose: Possible benefits must be weighed against risks
8. Examining risks and benefits of alcohol consumption
9. Latest Study on Diabetes Drug Avandia Finds No Heart Risks
10. More Evidence That B Vitamins Alone Wont Counter Heart Risks
11. Puffing in public housing poses serious health risks to tenants
Post Your Comments:
Related Image:
Executives who take the fewest risks have the most negative emotions
(Date:11/29/2015)... ... , ... Key Housing, a top-rated corporate housing service for the San Jose ... Epic. In showcasing this featured apartment community in San Jose, Key Housing is helping ... efficiently find housing suitable to their needs by showcasing quality housing. , “San Jose ...
(Date:11/28/2015)... ... November 28, 2015 , ... Trying to relax on a ... COUCH BUDDY. "I conceived of this design due to personal experience with a bad ... It promotes relaxation and convenience, as well as increases support. It also makes it ...
(Date:11/27/2015)... ... ... There is only one major question facing all law firms in the ... has not been an easy question to answer. Especially when the senior partners and ... don’t share the same discipline around working long hours. , In addition to ...
(Date:11/27/2015)... ... November 27, 2015 , ... According to an article ... the way that they are handling security in light of the recent terrorist attacks ... in an attempt to stop an attack from reaching U.S. soil. Especially around special ...
(Date:11/27/2015)... (PRWEB) , ... November 27, 2015 , ... ... a safe and convenient way to dispense prescription medications at home, so he ... effective way to monitor and dispense prescription medications. In doing so, it could ...
Breaking Medicine News(10 mins):
(Date:11/27/2015)... 2015 ... "2016 Global Tumor Marker Testing Market: ... Sales Segment Forecasts, Innovative Technologies, Instrumentation Review, ... their offering. --> ) ... "2016 Global Tumor Marker Testing Market: Supplier ...
(Date:11/26/2015)... UTRECHT , Países Bajos, November 26, 2015 /PRNewswire/ ... con la terapia fotodinámica de Bremachlorin para el cáncer ... combina la inmunoterapia con la terapia fotodinámica de Bremachlorin ... Un nuevo enfoque combina la inmunoterapia con la ...   Clinical Cancer Research . --> ...
(Date:11/26/2015)... , November 26, 2015 ... new combination approach blends immunotherapy with Bremachlorin-photodynamic therapy for ... combination approach blends immunotherapy with Bremachlorin-photodynamic therapy for advanced ... combination approach blends immunotherapy with Bremachlorin-photodynamic therapy for advanced ... has found that immunotherapy can be efficiently combined ...
Breaking Medicine Technology: