Abstract
Using a unique data set of Italian banks covering the2011 to 2019 period, this study investigates theinfluence of human resource training on bank stabilityand examines whether this relationship is affected bybank efficiency and credit risk. In line with theresource‐based view (RBV) of the firm, our findingssuggest that employee training exerts a positive impacton bank stability. Credit risk and bank efficiency arealso identified as potential drivers in this relationship.Importantly, our results remain robust when addressingendogeneity issues and considering alternativemodel specifications. This study offers novel insightsinto the impact of employee‐related variables on bankperformance. The practical implications of our findingshold relevance for both banks and regulatory authorities,as human resource training can profoundlyinfluence the effectiveness of risk management strategiesand, ultimately, the sound and prudent managementof banks.
NETL
NSTL
Wiley