Due to specific production conditions consultancies have advantages over firms from other industries in assessing the quality of human capital. But only top-management-consulting firms will economize on these advantages by offering filtering services to the labor market. We assume...

The paper presents an economic explanation of country-specific higher education patterns among topmanagers based on a signaling approach. Starting from Ar-row's hypothesis that higher education functions as a filter for human capital, we discuss three alternative filter-designs, which can be...

The paper focuses on signaling options for managerial talent under different higher education regimes. The educational paths in a sample of top managers of the 100 largest publicly traded companies in the U.S., France and Germany are consistent with our theoretical conjectures. For the singular...

Internationally unparalleled fractions of doctoral degree holders among German top managers and superior career perspectives for German university graduates holding a doctoral degree suggest that the traditional German doctorate has not been primarily perceived as a specialized indicator for...

The paper focuses on signaling options for managerial talent under different higher education regimes. The educational paths in a sample of top managers of the 100 largest publicly traded companies in the U.S., France and Germany are consistent with our theoretical conjectures. For the singular...

Our paper analyzes the incentive structures for academics in US and German Higher Education that have developed under different institutional frameworks. Both incentive structures are internally consistent in the sense that they fit into their specific institutional background. Whereas the...

The paper presents an economic explanation of country-specific higher education patterns among topmanagers based on a signaling approach. Starting from Ar-row’s hypothesis that higher education functions as a filter for human capital, we discuss three alternative filter-designs, which can be...