We study the (lack of) anchoring of inflation expectations in New Zealand using a new survey of firms. Managers of … Reserve Bank of New Zealand, a fact which we document along a number of dimensions. Managers are unaware of the identities of …

Traditionally, fund managers cast votes on behalf of investors whose capital they manage. Recently, this system has … come under intense debate given the growing concentration of voting power among a few asset managers and disagreements over … environmental and social issues. Major fund managers now offer their investors a choice: delegate their votes to the fund or cast …

objectives among not-for-profit hospitals. Boards appear to fire the managers that are least able to compete in the new … competitive environment and reward incumbent managers more for achieving for-profit goals. Consistent with donors' belief that …