@techreport{b0331a1f1aad41388d8d7c606df916da,
title = "Neighborhood CEOs",
abstract = "The working environment is a key driver of firms{\textquoteright} 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{\textquoteright} own employees. The e˙ect is stronger when the CEO{\textquoteright}s and employees{\textquoteright} 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{\textquoteright} welfare.",
keywords = "CEO, Geographic proximity, Neighborhood values, Working environment, Management styles, CEO, Geographic proximity, Neighborhood values, Working environment, Management styles",
author = "Amore, {Mario Daniele} and Morten Bennedsen and Birthe Larsen",
year = "2022",
language = "English",
series = "Working Paper / Department of Economics. Copenhagen Business School",
publisher = "Copenhagen Business School [wp]",
number = "10-2022",
address = "Denmark",
type = "WorkingPaper",
institution = "Copenhagen Business School [wp]",
}