Home > Research > Publications & Outputs > Does branch religiosity influence bank risk tak...

Electronic data

  • JBFA-CFIP_final

    Rights statement: This is the peer reviewed version of the following article:Chircop, J., Fabrizi, M., Ipino, E. and Parbonetti, A. (2017), Does Branch Religiosity Influence Bank Risk-Taking?. Journal of Business Finance & Accounting, 44: 271–294. doi:10.1111/jbfa.12227 which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/jbfa.12227/abstract This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving.

    Accepted author manuscript, 1 MB, PDF document

    Available under license: CC BY-NC: Creative Commons Attribution-NonCommercial 4.0 International License

Links

Text available via DOI:

View graph of relations

Does branch religiosity influence bank risk taking?

Research output: Contribution to journalJournal article

Published
Close
<mark>Journal publication date</mark>01/2017
<mark>Journal</mark>Journal of Business Finance and Accounting
Issue number1-2
Volume44
Number of pages24
Pages (from-to)271-294
Publication statusPublished
Early online date16/11/16
Original languageEnglish

Abstract

Using branch-level data on public and private US banking institutions, we investigate the importance of branch religiosity in shaping bank risk-taking behavior. Our results show robust evidence that branch religiosity is negatively related to bank risk-taking. This effect persists after controlling for several bank-level and county-level variables that might correlate with religiosity. Moreover, this result is robust to controlling for headquarter religiosity, suggesting that the effect of branch religiosity is additive and not washed out by headquarter religiosity. Overall, our findings document that headquarter religiosity does not capture the full effect of religiosity on bank behavior, as claimed by previous research, but that the religiosity of the geographic area in which the bank operates significantly influences bank behavior.

Bibliographic note

This is the peer reviewed version of the following article:Chircop, J., Fabrizi, M., Ipino, E. and Parbonetti, A. (2017), Does Branch Religiosity Influence Bank Risk-Taking?. Journal of Business Finance & Accounting, 44: 271–294. doi:10.1111/jbfa.12227 which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/jbfa.12227/abstract This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving.