On the borderline of management control (MC) and human resource management (HRM) systems, this article investigates the … discusses the findings of an empirical study showing that managers working in a highly comparable environment (i) have very …. Practical applications may also be derived, such as the relevance of cross-functional performance management …

. We consider how managers respond to stock price crashes. Management becomes more focused on improving transparency … capital and employee welfare. These actions result in the increase in firm value. We also find evidence that management …

offerings in China's offshore Hong Kong market. Prospectus-based declarations on such allocations suggest that CI undertakings …

We empirically analyze the nature of returns to scale in active mutual fund management. We find strong evidence of … that avoid econometric biases are insignificant. We also find that the active management industry has become more skilled …

variation in sensitivity could affect managers' incentives: the payoff for managerial effort is high in a high …-sensitivity period. The panel regression results show that managers will work harder when expected sensitivity is high, which is …

(second) sub-period is robust to misspecification. Finally, we find that fund managers reveal positive crisis management …We develop a directional trading model and a crisis management model to measure fund manager skills more adequately. We … test the robustness of both traditional market timing models and new management skill models to changes in their underlying …

. The variation in sensitivity could affect managers' incentives: the payoff for managerial effort is high in a high …-sensitivity period. The panel regression results show that managers will work harder when expected sensitivity is high, which is …