It has emerged that executives who take the minimum risk have the highest quotient of negative emotions. "We have analysed emotional traits of low intensity. In this context, the higher the negative emotional traits are, the fewer risks taken by the bodies managed by the directors", Juan Bautista Delgado García, co-author of the study and researcher at UBU declares to SINC. The study, which is published in the British Journal of Management, was produced based on a survey sent in 2004 to all the managing directors and general directors of Spanish banks and savings banks (70 banks and 46 savings banks). The survey had a response rate of 48.3% and contained a selection of questions related to the emotional traits and demographic characteristics of the executives. In addition, to evaluate the level of economic risk of banks and savings banks, various measurements were used related to the general risk, the credit risk and lending portfolios (commercial credits, credits with guarantee in rem and financial leases), with the information obtained based on the annual accounts of the Banks. The methodology that the scientists used attempted to condense the two main emotional traits, positive and negative ones, based on a commonly used scale, the PANAS scale of negative (such as nervousness or irritation) and positive (such as interest or enthusiasm) emotional traits. "It is worth pointing out that although it may not seem so, these two types of emotional traits are two separate dimensions of the character of any individual. An individual can be very emotional, not emotional at all, or be very emotional in positive traits and not at all in negative ones and vice versa", explains Delgado. The experts analysed two global risk measurements, the variability of results and the credit risk, in three main types of credits: commercial credits, credits with guarantee in rem (with some type of guarantee in rem linked, like mortgages) and finally, financial leases (those in which the lessee is expected to substantially assume all the profits, costs and risks inherent to the property). "What has been observed is that the greater the negative emotional traits of the directors, the higher the proportion of credits with guarantees in rem the bank has and the fewer financial leases. In the case of commercial credits, no form of influence on emotions was detected", the expert points out. More risks assumed at higher levels of studies The investigation also compares the connection between business risk and previous experience in the banking sector, educational level, experience of the executive in a risk area and their participation in property. "The most significant of these aspects is the educational level of the directors, in other words, it has an influence if the director has a degree, a master's or a doctorate. The higher the degree, the greater the level of risk assumed by the bank they manage", states Delgado. Source: Eurekalert << During World Cup, Crime Dropped in South Africa Have Fun, Could Survive Tumours – Some Mild Stress too Migh... >> Recommended Reading Depression Depression is one of the most common mental disorders affecting approximately 340 million people in the world. No one is immune from depression - it occurs in people of all social classes, all countries and all cultural settings. READ MORE Adolescent Depression Adolescent depression is an ailment that occurs during the teenage characterized by persistent melancholy, disappointment and loss of self-esteem. READ MORE Depression Screening Test Online Depression Screening Test tells if you have mild or chronic depression based on your depression symptoms. Learn how to deal with depression by using this self-assessment calculator. READ MORE Depression Calculator A quick, simple and anonymous self-assessment health tool to assess the level of depression using the famous Zung Self-Rating Depression Scale. READ MORE Is Your Man Moody? Women get confused by the behavior of men in their lives. It is time they realize that men too have frequent mood swings. READ MORE Most Popular on Medindia Iron Intake Calculator Find a Hospital Post-Nasal Drip More News on: Is Your Man Moody?