Scandinavian Working Papers in Economics
Working Papers,
Copenhagen Business School, Department of Economics
No 10-2022: Neighborhood CEOs
Mario Daniele Amore (), Morten Bennedsen () and Birthe Larsen ()
Additional contact information
Mario Daniele Amore: Bocconi University
Morten Bennedsen: University of Copenhagen
Birthe Larsen: Department of Economics, Copenhagen Business School, Postal: Copenhagen Business School, Department of Economics, Porcelaenshaven 16 A. 1. floor, DK-2000 Frederiksberg, Denmark
Abstract: The working environment is a key driver of firms’ success. Using unique survey and register data from Denmark, we show that firms led by neighborhood CEOs –defined by physical distance and personal values - exhibit better workplace condi-tions as perceived both by a regulatory authority and firms’ own employees. The e˙ect is stronger when the CEO’s and employees’ children attend the same school, pointing to social interactions as a channel for the result. Finally, we show that CEOs who emphasize neighborhood engagement adopt a management style tilted toward employees’ welfare.
Keywords: CEO; geographic proximity; neighborhood values; working environment; management styles
JEL-codes: G34
Language: English
45 pages, May 30, 2022
Full text files
b0331a1f-1aad-4138-8d8d-7c606df916daFull text
- Copenhagen Business School, Department of Economics
- Ordering Working Papers
- Home page for this series
Questions (including download problems) about the papers in this series should be directed to CBS Library Research Registration Team ()
Report other problems with accessing this service to Sune Karlsson ().
RePEc:hhs:cbsnow:2022_010This page generated on 2024-09-13 22:14:20.