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Does the matching between workers and jobs help explain productivity differentials across firms? To address this question we develop a job-worker allocation quality measure (JAQ) by combining employer-employee administrative data with machine learning techniques. The proposed measure is...
Persistent link: https://www.econbiz.de/10013330006
Does the matching between workers and jobs help explain productivity differentials across firms? To address this question we develop a job-worker allocation quality measure (JAQ) by combining employer-employee administrative data with machine learning techniques. The proposed measure is...
Persistent link: https://www.econbiz.de/10013293612
In this study, we examine the relationship between within-firm pay inequality and employee productivity. We use hand-collected data on a sample of S&P 1500 companies from 2018-2022 and find a concave relationship between the relative CEO pay and employee productivity. Consistent with tournament...
Persistent link: https://www.econbiz.de/10014542212
weaker formal institutions, we argue that retained founder director ownership can lower the transaction costs of external …
Persistent link: https://www.econbiz.de/10013329998
for growth. To secure industrial dynamics and growth in the long term, institutions must be designed both to encourage …
Persistent link: https://www.econbiz.de/10010504476
culture. That immigrants embrace this kind of liberal value is arguably important for integration, a central policy goal. We … informal institutions - that predict their level of tolerance towards gay people. Using the epidemiological method allows us to … valuing children taking responsibility), as well as impartial institutions in the ancestral country, predict higher individual …
Persistent link: https://www.econbiz.de/10012145507
While previous research examines how institutions matter for general life satisfaction and how specific institutions … latter type of institutions relates to general life satisfaction. The question is how people in general are affected by laws …
Persistent link: https://www.econbiz.de/10011917032
from an Anglo-American shareholder value governance framework and indigenous formal institutions adhering to English common … reversed in the context of elevated institutional quality. Our findings are important for regulatory authorities, investors and …
Persistent link: https://www.econbiz.de/10011794588
Board room quotas have recently received an increasing amount of attention. This paper provides novel evidence on firm performance from an exogenous change in female board participation in Sweden. We use the credible threat, aimed at listed firms, of a quota law enacted by the Swedish deputy...
Persistent link: https://www.econbiz.de/10011917041
We argue that the corporate governance of emerging economy IPO firms is influenced by firm-specific institutionally embedded block ownership groups. Applying an extended institutional logic perspective and using a mixed-effects ordered probit model, our findings from 190 IPO-firms from 22...
Persistent link: https://www.econbiz.de/10011917066