Do social networks help or hinder firms recruiting talented managers? In our setting, firms are randomly connected to … prospective young managers through former employees. Under a discrete-choice model, we find networks increase the likelihood firms … hire high-ability managers, while having no effect on the hiring rate of low-ability managers. Effects are greatest for …

We examine whether managers besides the CFO have 'styles' that affect firms' reporting and operating decisions … management groups could exert their individual 'styles' on firms' reporting and operating decisions. We find that each of these …. Last, we provide evidence that certain observable demographic measures explain some of the managers' decisions. These …

evaluation of the top management activities in a company, it is imperative that the results of their performance be evaluated by … the market, rather than by the subjective human factor (in the person of the same top managers). With all attractiveness … of evaluating top-managers' motivation through the use of warrants, it is evident that this motivation, as any other …

-term stock prices. Due to information asymmetry between managers and financial markets regarding the investment profitability …, managers under such compensation contracts tend to overinvest to signal good profitability, which gives their respective firms …