{"id":"https://openalex.org/W2151379461","doi":"https://doi.org/10.2139/ssrn.2134801","title":"Does it Pay to Have Friends? - Social Ties and Executive Appointments in Banking","display_name":"Does it Pay to Have Friends? - Social Ties and Executive Appointments in Banking","publication_year":2012,"publication_date":"2012-01-01","ids":{"openalex":"https://openalex.org/W2151379461","doi":"https://doi.org/10.2139/ssrn.2134801","mag":"2151379461"},"language":"en","primary_location":{"id":"doi:10.2139/ssrn.2134801","doi":"https://doi.org/10.2139/ssrn.2134801","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2134801","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SSRN Electronic Journal","raw_type":"journal-article"},"volume":null,"type":"preprint","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://doi.org/10.2139/ssrn.2134801","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5108432458","display_name":"Allen N. Berger","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I155781252","display_name":"University of South Carolina","ror":"https://ror.org/02b6qw903","country_code":"US","type":"education","lineage":["https://openalex.org/I155781252"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Allen N. Berger","raw_affiliation_strings":["University of South Carolina - Darla Moore School of Business, 1014 Greene St., Columbia, SC 29208, United States","University of South Carolina - Darla Moore School of Business"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of South Carolina - Darla Moore School of Business, 1014 Greene St., Columbia, SC 29208, United States","institution_ids":["https://openalex.org/I155781252"]},{"raw_affiliation_string":"University of South Carolina - Darla Moore School of Business","institution_ids":["https://openalex.org/I155781252"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5010039000","display_name":"Thomas K. Kick","orcid":"https://orcid.org/0000-0002-6560-7482","observed_orcids":["https://orcid.org/0000-0002-6560-7482"]},"institutions":[{"id":"https://openalex.org/I74623043","display_name":"Deutsche Bundesbank","ror":"https://ror.org/03jvfq589","country_code":"DE","type":"other","lineage":["https://openalex.org/I74623043"]}],"countries":["DE"],"is_corresponding":false,"raw_author_name":"Thomas K. Kick","raw_affiliation_strings":["Deutsche Bundesbank, Wilhelm-Epstein-Str. 14, Frankfurt/Main, 60431, Germany","Deutsche Bundesbank"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Deutsche Bundesbank, Wilhelm-Epstein-Str. 14, Frankfurt/Main, 60431, Germany","institution_ids":["https://openalex.org/I74623043"]},{"raw_affiliation_string":"Deutsche Bundesbank","institution_ids":["https://openalex.org/I74623043"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5087574684","display_name":"Michael Koetter","orcid":"https://orcid.org/0000-0002-6525-8622","observed_orcids":["https://orcid.org/0000-0002-6525-8622"]},"institutions":[{"id":"https://openalex.org/I1301952750","display_name":"Halle Institute for Economic Research","ror":"https://ror.org/03gjpvv92","country_code":"DE","type":"facility","lineage":["https://openalex.org/I1301952750","https://openalex.org/I315704651"]}],"countries":["DE"],"is_corresponding":false,"raw_author_name":"Michael Koetter","raw_affiliation_strings":["Halle Institute for Economic Research, P.O. Box 11 03 61, Kleine Maerkerstrasse 8, D-06017 Halle, 06108, Germany","Halle Institute for Economic Research"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Halle Institute for Economic Research, P.O. Box 11 03 61, Kleine Maerkerstrasse 8, D-06017 Halle, 06108, Germany","institution_ids":["https://openalex.org/I1301952750"]},{"raw_affiliation_string":"Halle Institute for Economic Research","institution_ids":["https://openalex.org/I1301952750"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5010550798","display_name":"Klaus Schaeck","orcid":"https://orcid.org/0000-0001-5841-7472","observed_orcids":["https://orcid.org/0000-0001-5841-7472"]},"institutions":[{"id":"https://openalex.org/I36234482","display_name":"University of Bristol","ror":"https://ror.org/0524sp257","country_code":"GB","type":"education","lineage":["https://openalex.org/I36234482"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Klaus Schaeck","raw_affiliation_strings":["University of Bristol, University of Bristol, Senate House, Tyndall Avenue, Bristol, BS8 ITH, United Kingdom","University of Bristol"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"University of Bristol, University of Bristol, Senate House, Tyndall Avenue, Bristol, BS8 ITH, United Kingdom","institution_ids":["https://openalex.org/I36234482"]},{"raw_affiliation_string":"University of Bristol","institution_ids":["https://openalex.org/I36234482"]}]}],"institutions":[],"countries_distinct_count":3,"institutions_distinct_count":4,"corresponding_author_ids":["https://openalex.org/A5108432458"],"corresponding_institution_ids":["https://openalex.org/I155781252"],"apc_list":null,"apc_paid":null,"fwci":null,"has_fulltext":true,"cited_by_count":16,"citation_normalized_percentile":null,"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11047","display_name":"Gender Diversity and Inequality","score":0.2215999960899353,"subfield":{"id":"https://openalex.org/subfields/3318","display_name":"Gender Studies"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11047","display_name":"Gender Diversity and Inequality","score":0.2215999960899353,"subfield":{"id":"https://openalex.org/subfields/3318","display_name":"Gender Studies"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12225","display_name":"Political Influence and Corporate Strategies","score":0.18289999663829803,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.1298000067472458,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/homophily","display_name":"homophily","score":0.9190000295639038},{"id":"https://openalex.org/keywords/social-ties","display_name":"social ties","score":0.9869999885559082},{"id":"https://openalex.org/keywords/executive-appointments","display_name":"executive appointments","score":0.902999997138977},{"id":"https://openalex.org/keywords/banking","display_name":"banking sector","score":0.5389999747276306},{"id":"https://openalex.org/keywords/board-tenure","display_name":"board tenure","score":0.6389999985694885},{"id":"https://openalex.org/keywords/age-differences","display_name":"age differences","score":0.6179999709129333},{"id":"https://openalex.org/keywords/gender-differences","display_name":"gender differences","score":0.7110000252723694},{"id":"https://openalex.org/keywords/educational-background","display_name":"educational background","score":0.9570000171661377},{"id":"https://openalex.org/keywords/cronyism","display_name":"cronyism","score":0.9440000057220459},{"id":"https://openalex.org/keywords/bank-profitability","display_name":"bank profitability","score":0.6209999918937683},{"id":"https://openalex.org/keywords/career-outcomes","display_name":"career outcomes","score":0.6430000066757202}],"concepts":[{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6324111819267273},{"id":"https://openalex.org/C142189719","wikidata":"https://www.wikidata.org/wiki/Q1276633","display_name":"Interpersonal ties","level":2,"score":0.6282169818878174},{"id":"https://openalex.org/C151392489","wikidata":"https://www.wikidata.org/wiki/Q5419946","display_name":"Executive compensation","level":3,"score":0.4946238696575165},{"id":"https://openalex.org/C39549134","wikidata":"https://www.wikidata.org/wiki/Q133080","display_name":"Public relations","level":1,"score":0.3739314377307892},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.34720462560653687},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.3067139983177185},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.2688360810279846},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.23865622282028198},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.18190619349479675},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.15536537766456604}],"mesh":[],"locations_count":6,"locations":[{"id":"doi:10.2139/ssrn.2134801","doi":"https://doi.org/10.2139/ssrn.2134801","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2134801","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SSRN Electronic Journal","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:zbw:bubdp2:201118","doi":null,"is_oa":true,"landing_page_url":"https://www.econstor.eu/bitstream/10419/57783/1/715112015.pdf","pdf_url":"https://www.econstor.eu/bitstream/10419/57783/1/715112015.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"preprint"},{"id":"pmh:oai:RePEc:eee:jbfina:v:37:y:2013:i:6:p:2087-2105","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0378426613000733","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:aleph.bib-bvb.de:BVB01-025012591","doi":null,"is_oa":false,"landing_page_url":"http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=025012591&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"text"},{"id":"pmh:oai:econstor.eu:10419/57783","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/10419/57783","pdf_url":null,"source":{"id":"https://openalex.org/S4306401696","display_name":"Econstor (Econstor)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"","raw_type":"doc-type:workingPaper"},{"id":"pmh:oai:eprints.lancs.ac.uk:73589","doi":null,"is_oa":false,"landing_page_url":"https://eprints.lancs.ac.uk/id/eprint/73589/","pdf_url":null,"source":{"id":"https://openalex.org/S4306401916","display_name":"Lancaster EPrints (Lancaster University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I67415387","host_organization_name":"Lancaster University","host_organization_lineage":["https://openalex.org/I67415387"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Journal Article"}],"best_oa_location":{"id":"doi:10.2139/ssrn.2134801","doi":"https://doi.org/10.2139/ssrn.2134801","is_oa":true,"landing_page_url":"https://doi.org/10.2139/ssrn.2134801","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"SSRN Electronic Journal","raw_type":"journal-article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","score":0.48510000109672546,"display_name":"Decent work and economic growth"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":38,"referenced_works":["https://openalex.org/W1581396473","https://openalex.org/W1853974742","https://openalex.org/W1996044958","https://openalex.org/W1997733761","https://openalex.org/W2009062908","https://openalex.org/W2009255052","https://openalex.org/W2016485432","https://openalex.org/W2021347389","https://openalex.org/W2028211230","https://openalex.org/W2032985292","https://openalex.org/W2040462481","https://openalex.org/W2061967338","https://openalex.org/W2080453520","https://openalex.org/W2096242048","https://openalex.org/W2099263472","https://openalex.org/W2103116586","https://openalex.org/W2111541180","https://openalex.org/W2130354913","https://openalex.org/W2133829249","https://openalex.org/W2146771570","https://openalex.org/W2153608191","https://openalex.org/W2154060107","https://openalex.org/W2157579301","https://openalex.org/W2158690145","https://openalex.org/W2166520741","https://openalex.org/W3121377359","https://openalex.org/W3122105346","https://openalex.org/W3122383747","https://openalex.org/W3122991787","https://openalex.org/W3123992956","https://openalex.org/W3125118541","https://openalex.org/W3125303042","https://openalex.org/W3125354808","https://openalex.org/W3125756881","https://openalex.org/W3125947162","https://openalex.org/W4234742340","https://openalex.org/W4242593465","https://openalex.org/W4243496265"],"related_works":["https://openalex.org/W4251608181","https://openalex.org/W2565844630","https://openalex.org/W6981668425","https://openalex.org/W2319477917","https://openalex.org/W7071072316","https://openalex.org/W4214853610","https://openalex.org/W4312428012","https://openalex.org/W2782983877","https://openalex.org/W3125577440","https://openalex.org/W7097703443"],"abstract_inverted_index":null,"counts_by_year":[{"year":2023,"cited_by_count":1},{"year":2021,"cited_by_count":2},{"year":2018,"cited_by_count":2},{"year":2017,"cited_by_count":2},{"year":2016,"cited_by_count":2},{"year":2015,"cited_by_count":3},{"year":2014,"cited_by_count":2},{"year":2013,"cited_by_count":2}],"updated_date":"2026-11-03T10:50:19.383937","created_date":"2016-06-24T00:00:00"}