The Role of Human Capital in Loan Officers’ Decision Policies
研究了114名瑞典贷款官员的人力资本特征如何影响其小企业贷款审批决策，发现官员与申请者人力资本的相似性显著提高贷款批准概率。
Using a human–capital perspective and the similarity–attraction paradigm, we examine the role of general and specific human capital in the decision policies of 114 Swedish loan officers in their assessments of small–business loan requests. We found that human capital characteristics had marginal impact on decision policy contingencies and that specific human capital had no significant influence on the probability of loan approval. However, we did find that the similarity between the loan officers’ human capital and the applicants’ human capital was a significant indicator of loan approval. The findings offer interesting insight into the heterogeneity of loan decision processes and outcomes and future research opportunities are suggested.