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governance and review the rationale for what we term strategic partnerships' between management and labor. The paper describes … discussion of strategic issues: negotiated union-management partnership agreements, and union representation on corporate boards …
Persistent link: https://www.econbiz.de/10013239945
We assess the long-term effects of managerial stress on aging and mortality. First, we show that exposure to industry distress shocks during the Great Recession produces visible signs of aging in CEOs. Applying neural-network based machine-learning techniques to pre- and post-distress pictures,...
Persistent link: https://www.econbiz.de/10014326393
We study the gender pay gap in the labor market for CEOs by analysing 1,174 outsider CEO successions over the past three decades across 18 countries. We find that male and female CEOs receive a similar compensation overall but this masks marked gender differences in the pay structure: namely,...
Persistent link: https://www.econbiz.de/10013471202
work on shareholders and shareholder activism, directors, executives and their compensation, controlling shareholders …
Persistent link: https://www.econbiz.de/10013134144
. It reduces organizing success by lowering profits, thus giving management a greater incentive to oppose unions. It shows … that in the traditional monopoly model, any given premium can cause management to donate more resources to opposing a union …
Persistent link: https://www.econbiz.de/10013233773
Contrary to previous literature we hypothesize that labor's interest may well – like that of shareholders – aim at … interest in increasing incentive-based compensation to avoid management's excessive risk taking and short-run oriented …
Persistent link: https://www.econbiz.de/10011526742
ownership and supervisory board size, we do find significant entrenchments effects associated with ownership by managers …
Persistent link: https://www.econbiz.de/10003894422
This paper investigates whether and how various characteristics of CEOs and corporate boards are related to the severity of corporate governance problems within firms. The latter is proxied by private benefits of control, which we measure for dual class stock firms using the voting premium...
Persistent link: https://www.econbiz.de/10009524994
work for. We reject, however, the efficient pay hypothesis as CEO pay and the demand for managers increases in Germany in … difficult times when the typical firm size shrinks. We find further that domestic and global competition for managers has …
Persistent link: https://www.econbiz.de/10009533980
This paper analyzes the determinants of women on the boards of directors based on a panel sample of all Danish companies in the private sector with more than 50 employees. The share of women on the boards of directors was 12 percent in 2007 and has only slowly increased during the period...
Persistent link: https://www.econbiz.de/10010201307