's level of pay in the distribution, holding other factors constant. This paper tests for distributional heterogeneity of short …-constant unobserved heterogeneity of executive-firm pairs across the distribution. When using yearly total compensation to measure pay …, executives in the upper tail of the conditional compensation distribution have longer-term oriented incentives. In contrast, when …

with core obligations in new generation free trade agreements. In distribution, multimodal transport and logistics (DML …

Since the adoption of the Performance Based Bonus (PBB) scheme in 2012, its effectiveness-particularly its impact on …

scope has a negative impact on performance on average. However, we find that firms whose expansion keeps them closer to the …

We introduce a new two-dimensional measure for the heterogeneity of performance within groups of economic units. This … measure accounts both, for the relative performance of the single units of groups and their relative size. We demonstrate that …