Showing 1 - 10 of 10
We examine the relationship between wages and skill requirements in a sample of over 50,000 managers in 39 companies …
Persistent link: https://www.econbiz.de/10012471020
stage, selection does not impede the promotion of behavioral managers. Instead, competitive environments oftentimes promote …
Persistent link: https://www.econbiz.de/10012481183
beyond traditional capital-structure determinants. First, managers who believe that their firm is undervalued view external … financing as overpriced, especially equity. Such overconfident managers use less external finance and, conditional on accessing …
Persistent link: https://www.econbiz.de/10012462992
Compensation, status, and press coverage of managers in the U.S. follow a highly skewed distribution: a small number of …
Persistent link: https://www.econbiz.de/10012464506
and within firms, including variation in debt conservatism and in pecking-order behavior. Managers who believe that their …
Persistent link: https://www.econbiz.de/10012465077
market reacts significantly more negatively to takeover bids by overconfident managers …
Persistent link: https://www.econbiz.de/10012467876
We argue that managerial overconfidence can account for corporate investment distortions. Overconfident managers …
Persistent link: https://www.econbiz.de/10012467882
The analyses below compare the career histories and personal characteristics of the executives in the top ranks of the world's largest and most stable business operations, the Fortune 100, between 1980 and 2001. To our knowledge, there have been no prior studies of contemporary changes in the...
Persistent link: https://www.econbiz.de/10012468186
We estimate the long-term effects of experiencing high levels of job demands on the mortality and aging of CEOs. The estimation exploits variation in takeover protection and industry crises. First, using hand-collected data on the dates of birth and death for 1,605 CEOs of large, publicly-listed...
Persistent link: https://www.econbiz.de/10012496103
We examine an aspect of job search in the important context of executive-level jobs using a unique data set from a prominent executive search firm. Specifically, we observe whether or not executives pursue offers to be considered for a position at other companies. The fact that the initial call...
Persistent link: https://www.econbiz.de/10012459366