We investigate the impact of CEO activism, the increasingly common practice of CEOs speaking out on social/political issues, on firm value. CEO activism may be beneficial for shareholders, as it can bolster firms' relationships with customers and employees. Alternatively, CEO activism may be...

Pay transparency and the pay dispersion it reveals matter to academics, policymakers, and corporate stakeholders. We study how the increased pay transparency brought about by the United States’ CEO pay ratio disclosure rule affected employee pay satisfaction. Economic models of pay...

We examine employee responses to CEO activism, the increasingly common practice of CEOs taking public stances on socio-political issues. CEO activism may bolster employees’ identification with their organizations and strengthen shared beliefs among employees. Alternatively, CEO activism may...

Since 2018, the Security and Exchange Commission (SEC) requires firms to disclose the ratio of their Chief Executive Officer's (CEO's) and median employee's pay. Due to the uncertainty surrounding the ratio's interpretation, managers must weigh the costs and benefits of including (or omitting)...

How and by how much do supervisors enhance worker productivity? Using a company-based data set on the productivity of technology-based services workers, supervisor effects are estimated and found to be large. Replacing a boss who is in the lower 10% of boss quality with one who is in the upper...

How and by how much do supervisors enhance worker productivity? Using a company-based data set on the productivity of technology-based services workers, supervisor effects are estimated and found to be large. Replacing a boss who is in the lower 10% of boss quality with one who is in the upper...