0000000000940546

AUTHOR

Federico Ramírez

showing 3 related works from this author

Information acquisition in SME's relationship lending and the cost of loans

2015

Abstract This study analyzes the effect of the reputation SMEs get in a relationship lending on the cost of next loans. A unique dataset of 734 Spanish SMEs' relationship lending provides information on a loan-by-loan basis about the ex post previous loan performance, which measures reputation. No prior empirical research differentiates the cost of loans following a defaulted loan from the costs of those following a successfully repaid loan. Results show that lenders obtain information about borrowers' risk-level during relationship lending and use this information. Loans granted after a successful one pledge significantly lower collateral and interest rate than loans granted after a defaul…

MarketingCross-collateralizationTerm loanLoanCollateralSoft loanDefaultFinancial systemBusinessNon-conforming loanParticipation loanJournal of Business Research
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Toward Value Co-Creation: Increasing Women’s Presence in Management Positions through Competition against a Set Target

2017

Despite empirical evidence that women’s presence in management positions is a source of value co-creation for firms, these positions are still male-dominated. Some evidence from experimental economics suggests that one reason for this imbalance is that women shy away from competition. However, most of these studies have focused on competition systems that pit individuals against each other. We present an economic laboratory experiment that compares competition against others with competition against a set target. The crucial difference is that whereas the former involves competing against opponents, the latter does not. Our results show that significantly more women are willing to compete a…

behavior; competition; decision-making; experimental economics; gender; sustainability; value co-creationLabour economicsmedia_common.quotation_subjectlcsh:TJ807-830Geography Planning and Developmentlcsh:Renewable energy sourcesManagement Monitoring Policy and Law:CIENCIAS ECONÓMICAS [UNESCO]Competition (economics)Promotion (rank)0502 economics and businessgenderCo-creationEconomics050207 economicsEmpirical evidenceSet (psychology)experimental economicslcsh:Environmental sciencesmedia_commonlcsh:GE1-350Public economicsbehaviorRenewable Energy Sustainability and the Environmentlcsh:Environmental effects of industries and plants05 social sciencesUNESCO::CIENCIAS ECONÓMICASdecision-makingExperimental economicssustainabilityvalue co-creationlcsh:TD194-195Value (economics)Sustainabilitycompetition050203 business & managementSustainability
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Gender, self-confidence, sports, and preferences for competition

2016

In the last years, research in economics has shown a gender gap in the willingness to compete with women shying away from competition more than men do. This gender difference in preferences towards competition has been considered a critical factor in explaining the small percentage of women found in top-level positions in business, science, or politics. Therefore, in order to improve women job prospects, research and policy interventions try to offer incentives for women to increase competitive behavior. However, other recent studies specifically point at men¿s competitive behavior as the responsible for some of the financial markets malfunctions, suggesting that an influx of talented women…

MarketingEsportsLabour economicsSelf-confidenceCompetitionRisk aversionQualitative comparative analysismedia_common.quotation_subject05 social sciencesSelf-esteemPsychological interventionRisk aversionExperimental economicsCompetition (economics)PoliticsSelf-confidenceExperimental economics0502 economics and businessEconomicsfsQCAGender differences050207 economics050203 business & managementmedia_common
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