Showing 1 - 10 of 343
How does "what managers know" affect firm performance on international markets? This question is of considerable …, stems from the experience of doing it. Therefore, different employers immensely contend for managers' highly valuable export … experience. As managers can accept better and better positions from several offers, they may become highly mobile, thus having a …
Persistent link: https://www.econbiz.de/10011867233
This paper examines how managers at the top of a public institution, central bank executives, allocate their working …
Persistent link: https://www.econbiz.de/10011962284
by studying whether female managers and female owners of firms perceived corruption differently; (b) using survey … information at the firm level; and (c) employing a large sample of more than 100 countries. Results show that both female managers …
Persistent link: https://www.econbiz.de/10011996997
Better managers and managerial practices lead to better firm performance. Yet, little is known about what happens when … managers move across firms. Does a firm hiring a good manager improve its performance? If yes is there some valuable knowledge …-invariant ability of the manager as well as overall firm performance. We find that the export experience gained by managers in previous …
Persistent link: https://www.econbiz.de/10011580556
When managers have objectives beyond maximizing monetary profits, inefficiencies may arise. An increase in competition … may then force managers to improve the productivity of the firm in order to ensure survival. While this hypothesis has … received ample theoretical attention, empirical evidence is scarce, mainly because preferences of managers are typically …
Persistent link: https://www.econbiz.de/10012156535
We present a heterogeneous-firm model in which management ability increases both pro- duction efficiency and product … quality. Combining six micro-datasets on management prac- tices, production and trade in Chinese and American firms, we find … inputs, and imported inputs from more advanced countries. The structural estimates indicate that management is important for …
Persistent link: https://www.econbiz.de/10011864551
Incentive compensation induces correlation between the portfolio of managers and the cash flow of the firms they manage …. This correlation exposes managers to risk and hence gives them an incentive to hedge against the poor performance of their …
Persistent link: https://www.econbiz.de/10002521243
Corporate scandals, reflected in excessive management compensation and fraudulent accounts, cause considerable damage …. Agency theory’s insistence on linking the compensation of managers and directors as closely as possible to firm performance …
Persistent link: https://www.econbiz.de/10002572375
We analyze optimal compensation schedules for the directors of two plants belonging to the same owner and producing the same good but serving geographically differentiated markets. Since the outcome of each director depends on his own effort and on a random variable representing market...
Persistent link: https://www.econbiz.de/10002738411
In this paper we model the interaction between leaders, their followers and crowd followers in a coordination game with local interaction. The steady states of a dynamic best-response process can feature a coexistence of Pareto dominant and risk dominant actions in the population. The existence...
Persistent link: https://www.econbiz.de/10013285659