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Management practices: Are not for profits different?
Delfgaauw, Josse; Dur, Robert; Propper, Carol; Smith, … - C.E.P.R. Discussion Papers - 2011
Recent studies have demonstrated the importance of good management for firm performance. Here, we focus on management … in not-for-profits (NFPs). We present a model predicting that management quality will be lower in NFPs compared to for …-profits (FPs), but that outputs may not be worse if managers are altruistic. Using a tried and tested survey of management …
Persistent link: https://www.econbiz.de/10009207527
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Thanks for Nothing? Not-for-Profits and Motivated Agents
Ghatak, Maitreesh; Mueller, Hannes Felix - C.E.P.R. Discussion Papers - 2010
distribution of rents between management and workers, and consequently, the relative scarcity of workers plays an important role in …
Persistent link: https://www.econbiz.de/10008530355
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The Impact of Competition on Management Quality: Evidence from Public Hospitals
Bloom, Nicholas; Propper, Carol; Seiler, Stephan; Van … - C.E.P.R. Discussion Papers - 2010
In this paper we examine the causal impact of competition on management quality. We analyze the hospital sector where … management quality - measured using a new survey tool - is strongly correlated with financial and clinical outcomes such as … a greater number of neighboring hospitals) is positively correlated with increased management quality, and this …
Persistent link: https://www.econbiz.de/10008468548
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Sudden Deaths: Taking Stock of Political Connections
Faccio, Mara; Parsley, David - C.E.P.R. Discussion Papers - 2006
Many firms voluntarily incur the costs of attempting to influence politicians. However, estimates of the value of political connections have been made in only a few cases. We propose a new approach to valuing political ties that builds on these previous studies. We consider connected to a...
Persistent link: https://www.econbiz.de/10005114293
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Making A Difference
Francois, Patrick - C.E.P.R. Discussion Papers - 2005
Despite the potential for free-riding, workers motivated by `making a difference' to the mission or output of an establishment may donate labour to it. When the establishment uses performance related compensation (PRC), these labour donations closely resemble a standard private provision of...
Persistent link: https://www.econbiz.de/10005662127
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Political Careers or Career Politicians?
Mattozzi, Andrea; Merlo, Antonio - C.E.P.R. Discussion Papers - 2007
Two main career paths are prevalent among politicians in modern democracies: there are career politicians (i.e., politicians who work in the political sector until retirement), and political careers (i.e., there are politicians who leave politics before retirement and work in the private...
Persistent link: https://www.econbiz.de/10005662380
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Strikes as the 'Tip of the Iceberg' in a Theory of Firm-Union Cooperation
Gary-Bobo, Robert J.; Jaaidane, Touria - C.E.P.R. Discussion Papers - 2008
We model cooperation between an employer and a workers' union as an equilibrium in an infinitely repeated game with discounting and imperfect monitoring. The employer has private information about firm profitability. The model explains the incidence and duration of strikes, as well as the...
Persistent link: https://www.econbiz.de/10005791411
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Making A Difference
Francois, Patrick - C.E.P.R. Discussion Papers - 2005
Despite the potential for free-riding, workers motivated by ‘making a difference’ to the mission or output of an establishment may donate labour to it. When the establishment uses performance related compensation (PRC), these labour donations closely resemble a standard private provision of...
Persistent link: https://www.econbiz.de/10005792389
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Do Elections Always Motivate Incumbents? Learning versus Re-election Concerns
Le Borgne, Eric; Lockwood, Ben - C.E.P.R. Discussion Papers - 2004
This Paper studies a principal-agent model of the relationship between officeholder and an electorate, where everyone is initially uninformed about the officeholder’s ability. If office-holder effort and ability interact in the determination of performance in office, then an office-holder has...
Persistent link: https://www.econbiz.de/10005792465
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The Internal Economics of a University - Evidence from Personnel Data
Haeck, Catherine; Verboven, Frank - C.E.P.R. Discussion Papers - 2010
Based on a rich personnel data set of a large university we find strong evidence for the existence of an internal labor market. First, the lowest academic rank is a strong port of entry and the highest rank is a port of exit. Second, wages do not follow external wage developments, since they...
Persistent link: https://www.econbiz.de/10008468561