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We examine how Chief Executive Officer (CEO) compensation increased at a subset of firms in response to a governance shock that affected compensation levels at other firms in the economy. We first show that Delaware-incorporated firms with staggered boards and no outside blockholders increased...
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Intangible resources play an increasingly influential role in today's business operations, but how they affect inventory management remains underexplored in the literature. This paper associates a firm's inventory-turnover performance with its capabilities of utilizing the intangible resources...
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In this paper, we empirically measure the impact of natural disasters on firm-level operating performance and examine if such impact can be mitigated by technology diversification. Using major natural disasters specified by Barrot and Sauvagnat (2015) and factory location data from the toxic...
Persistent link: https://www.econbiz.de/10012934034
This paper investigates the effect that employee treatment schemes have on corporate innovation performance. We find that firms with better employee treatment schemes produce more and better patents through improving employee satisfaction and teamwork. Additional tests suggest that our main...
Persistent link: https://www.econbiz.de/10014144263