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The positive role of transformational leadership on productivity and mental wellbeing has long been established …. Transformational leadership behavior may be particularly suited to navigate times of crisis which are characterized by high levels of … complexity and uncertainty. We exploit quasi-random assignment of employees to managers and study the role of frontline managers …
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increases managers’ willingness to adopt or intensify WFH policies. Combining our main survey experiment with two follow … analyse whether managers’ beliefs about the productivity effects of WFH affect their adoption decisions. Exploiting exogenous … variation in managers’ information set, we find that managers update their beliefs about the productivity effects of WFH when …
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. To explore this phenomenon, we conducted a laboratory experiment examining the relationship between managers' use of … unfriendly leadership and labor market competition. We discern two labor market states: excess labor demand, where managers … resort to unfriendly leadership when they compete to hire workers. We find that managers tend to engage in unfriendly …
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We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite-weighted patents). To explore the mechanism through which this link arises, we build a model that nests the lazy-manager hypothesis with career-concerns, where institutional...
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