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show that management style is significantly related to manager fixed effects in performance and that managers with higher …This paper investigates whether and how individual managers affect corporate behavior and performance. We construct a … manager-firm matched panel data set which enables us to track the top managers across different firms over time. We find that …
Persistent link: https://www.econbiz.de/10014089611
offerings in China's offshore Hong Kong market. Prospectus-based declarations on such allocations suggest that CI undertakings …
Persistent link: https://www.econbiz.de/10012025302
Persistent link: https://www.econbiz.de/10003877939
Using the size of CEO signatures in SEC filings to measure individual narcissism, we find that CEO narcissism is associated with several negative firm outcomes. We first validate signature size as a measure of narcissism but not overconfidence using two laboratory studies, and also find that our...
Persistent link: https://www.econbiz.de/10012948983
of family ownership on the relation between earnings management and CEO turnover. Consistent with agency theory, we find … a positive and significant relation between earnings management and CEO turnover in the overall sample, the association …
Persistent link: https://www.econbiz.de/10013035564
Directors' remuneration is a key issue for both academics and policymakers. It has caused enormous controversy in recent years. This study uses a comprehensive index to analyse the disclosure of directors' remuneration in Italian and UK listed firms. It finds that the level of voluntary...
Persistent link: https://www.econbiz.de/10012908519
In the empirical estimation of the relation between CEO pay and both firm and peer performance, researchers typically include conventional accounting-based measures that reflect firm performance net of executive pay expense. We analytically show that when firms evaluate CEO performance relative...
Persistent link: https://www.econbiz.de/10013218451
and the price-performance-sensitivity of their portfolios also increased, but, managers held less shares and more options …
Persistent link: https://www.econbiz.de/10013154666
We examine relations between board size, managerial incentives and enterprise performance in nonprofit organizations. We posit that a nonprofit's demand for directors increases in the number of programs it pursues, resulting in a positive association between program diversity and board size....
Persistent link: https://www.econbiz.de/10013067312
This paper examines the impact of a firm’s social performance on the CEO’s employment prospects. We find that CEOs are more (less) likely to leave office when there is a significant recent decline (improvement) in social performance. We then track departing CEOs’ subsequent employment...
Persistent link: https://www.econbiz.de/10013213166