Narrow search
Showing 1 - 10 of 19,946
Cover Image
Rigidität durch Flexibilität : flexible Arbeit und das Wachstum von Managementbürokratien
Kleinknecht, Alfred Herrmann; Kwee, Zenlin; Budyanto, … - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 95 (2015) 12, pp. 851-856
Netherlands, we show that firms have higher shares of managers in their personnel if they employ more flexible workers. This fits … bureaucracies than "Rhineland" countries with more regulated labour markets. We also find that percentages of managers in younger … firms do not differ from those in older firms, while smaller firms have relatively more managers than larger firms. Moreover …
Persistent link: https://www.econbiz.de/10011404172
Cover Image
CEO turnover, firm performance and enterprise reform in China : evidence from new micro data
Kato, Takao (contributor); Long, Cheryl (contributor) - 2006
Using comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data on CEO turnover, ownership structure and board characteristics, we estimate Logit models of CEO turnover. We find consistently for all performance measures including both stock...
Persistent link: https://www.econbiz.de/10003253453
Cover Image
CEO Education, CEO Turnover, and Firm Performance
Bhagat, Sanjai - 2010
This paper analyzes the relationship between CEO education, CEO turnover and firm performance. Our primary interest is on the role that CEO education plays in a firm's decision to replace its current CEO, the role that it plays in selecting a new CEO, and on whether CEO education significantly...
Persistent link: https://www.econbiz.de/10013138583
Cover Image
Executive Mobility and Minority Status
Guest, Paul M. - 2018
We examine the mobility of minority executives, defined as ethnic minority and female executives, in publicly listed US firms. Minority executives as a whole experience lower promotion, higher demotion, and higher exit than Caucasian males. These differences are driven by female and African...
Persistent link: https://www.econbiz.de/10012907489
Cover Image
Founder Replacement and Startup Performance
Ewens, Michael - 2018
We provide causal evidence that venture capitalists (VCs) improve the performance of their portfolio companies by replacing founders. Augmenting a database of U.S.-based, VC-backed startups founded from 1995-2008 with hand-collected information regarding turnover, we exploit shocks to the supply...
Persistent link: https://www.econbiz.de/10012936583
Cover Image
The Retention Effects of Unvested Equity : Evidence from Accelerated Option Vesting
Jochem, Torsten - 2018
We document that firms can effectively retain executives by granting deferred equity pay. We show this by analyzing a unique regulatory change (FAS 123-R) that prompted 723 firms to suddenly eliminate stock option vesting periods. This allowed CEOs to keep 33% more options when departing the...
Persistent link: https://www.econbiz.de/10012937264
Cover Image
Losers of Executive Promotion Tournaments : Their Incentives, Turnover, and Career Outcomes
Chan, Eric W. - 2019
quality managers are weeded out by the firm, and 2) high quality managers leave because firms are unable to adjust their …
Persistent link: https://www.econbiz.de/10012864757
Cover Image
Hedge Fund Activism, CEO Turnover and Compensation
Choi, Wonik - 2020
This paper examines the governance role of hedge fund activists by analyzing the impact of these activists on CEO turnover, CEO pay, and CEO pay-performance link in targeted companies. Using the difference-in-difference approach, we first find significantly higher CEO turnover following hedge...
Persistent link: https://www.econbiz.de/10012851568
Cover Image
The market for CEOs
Cziraki, Peter; Jenter, Dirk - 2021
We study the market for CEOs of large publicly-traded US firms, analyze new CEOs' prior connections to the hiring firm, and explore how hiring choices are determined. Firms are hiring from a surprisingly small pool of candidates. More than 80% of new CEOs are insiders, defined as current or...
Persistent link: https://www.econbiz.de/10012546976
Cover Image
The Effect of Top Executive Turnover and Local Market Characteristics on Financial Reporting Risk
Bills, Kenneth L.; Harding, Michelle; Seidel, Timothy A.; … - 2021
Upper echelon theory posits that defining, executing, and overseeing an organization’s strategy is a shared activity among top executive teams. Based upon this perspective, we explore whether greater turnover among the members of a firms’ top executive group other than those with direct...
Persistent link: https://www.econbiz.de/10013239438