Bandiera, Oriana; Guiso, Luigi; Prat, Andrea; Sadun, … - C.E.P.R. Discussion Papers - 2009
. The survey contains information on a sample of executives' risk preferences and human capital, on the explicit and … than non-family firms. Managers differ in their degree of risk aversion and talent. The entry of firms and managers, the … risk-tolerant managers are matched with firms that offer steeper contracts. (iii) Managers who face steeper contracts work …