This paper uses an experiment to investigate the effects of giving subordinates the possibility to return remaining budget to the organization on capital budgeting processes. We predict and find that when subordinates face no uncertainty when they submit their budget request, the possibility to...

Superiors are an important source of advice for employees to improve their decision-making. We examine whether employees seek advice from superiors differently when these superiors also evaluate them. Consistent with our prediction, results of two experiments show that employees seek advice from...

This study uses an experiment to investigate the effects of subjective performance evaluation in settings with multiple effort dimensions and their employee- and manager-related drivers. In contrast to its positive effects when effort provision is unidimensional, prior work has provided evidence...

Prior research has shown that non-professional investors have difficulties using various presentation formats in disclosures. Within narrative disclosures, firms have discretion to communicate relevant information in a pure verbal form as well as in a quantified form (i.e., utilizing numbers)....