We test the hypothesis, based on popular and theoretical perspectives, that entrepreneurs are more action-oriented than other occupational groups. We compare their playing strategies in an optimal stopping game using a randomized online experiment among 100s of entrepreneurs, managers and...

We test the hypothesis, based on popular and theoretical perspectives, that entrepreneurs are more action-oriented than other occupational groups. We compare their playing strategies in an optimal stopping game using a randomized online experiment among 100s of entrepreneurs, managers and...

Die vorliegende, drei Beiträge umfassende Doktorarbeit untersucht, welche Rolle Persönlichkeitseigenschaften und Kompetenzen von Geschäftsführern (CEOs) bei der Exploration, Exploitation und Performance von Klein- und Mittelunternehmen (KMU) spielen. Der Fokus liegt auf der...

Managers are supervising more and more workers, and firms are getting flatter. However, not all firms have been keen on increasing the number of subordinates that their bosses manage (referred to as the “span of control” in human resource management), contending that there are limits to...

We study whether investors' demographic similarity to CEOs affects their investment decisions. Mutual fund managers are found to overweight firms led by CEOs who resemble them in terms of age, ethnicity and gender. This finding is robust to excluding educational and local ties and is supported...

Middle managers are believed to play most crucial part in strategic change that in consequence leads to organizational success. The present study seeks to identify the underlying success factors for effective strategic change and, to investigate the relationship between middle management...

This article addresses how top management leadership behaviors matter in innovative interventions in organizations. A comparison of six cases of artistic interventions in four countries reveals that lack of visible top management support and sense-making orientation during and after the process...

This study was inspired by the desire to contribute to literature on performance management from the context of a developing country. The guiding research questions were: How do managers use performance information in decision making? Why do managers use performance information the way they do?...

Die Arbeit untersucht Grundlagen effektiver Kooperation von Entscheidungsträgern an der Unternehmensspitze und deren Bedeutung für gute Unternehmensführung und langfristigen wirtschaftlichen Erfolg. Basierend auf moderner Managementforschung sowie sozial-psychologischer Theorien wird im...

A numbers of studies focusing on the determinant of the insurance market efficiency haveincreased in the last decade. In fact, many factors, like the CEO's power, can influence the efficiency in the insurance firm. The purpose of this research is to analyze the relationship between efficiency,...

This paper uses exceptionally rich data on Swedish corporate executives and their personal characteristics to study gender gaps in CEO appointments and pay. Both gaps are sizeable: 18% for CEO appointments and 27% for pay. At most one-eight of the gaps can be attributed to observable gender...

Die vorliegende Dissertation besteht aus drei unabhängigen Aufsätzen, die verschiedene Fragestellungen in Teilbereichen der empirischen Unternehmensfinanzierung (Corporate Finance) behandeln. Trotz der unterschiedlichen Themen verbindet diese drei Arbeiten eine Gemeinsamkeit: Fokussierung auf...

Teilzeit erleichtert die Vereinbarung von Beruf mit anderen Lebensbereichen. Obwohl Teilzeit in den letzten Jahrzehnten eine starke Verbreitung gefunden hat, schließen sich Teilzeit und Führung nach wie vor häufig aus. Denn Teilzeit widerspricht dem traditionellen Bild einer Führungskraft....

I model the joint effects of debt, macroeconomic conditions, and cash flow cyclicality on risk-shifting behavior and managerial pay-for-performance sensitivity. I show that risk-shifting incentives rise during recessions and that the shareholders can eliminate such adverse incentives by reducing...

(Why) does the sex ratio in top-management positions in large family and nonfamily businesses differ? Using a unique data set and estimating (fractional) logit regressions we show that the female share in top-management positions in family businesses exceeds the one in nonfamily businesses. One...

In der vorliegenden Arbeit wird aufgezeigt, dass im heutigen Arbeitsleben, insbesondere bei der Bildung sowie Entwicklung eines Teams, ein hoher Intelligenzquotient (IQ) allein keine Garantie für längerfristigen Geschäftserfolg ist. Das Anforderungsprofil der Mitarbeiter, vor allem der...

This study empirically examines the influence of firm performance on CEO turnover using data of all listed companies on the Korea Stock Exchange, except those in the financial industry, over the period 2000-2012. We control for endogeneity of firm performance by employing the Two-Stage Residuals...