together the following results: merging parties' profits fall but consumer surplus is unchanged, Stackelberg leadership raises …

leadership naturally arise as a response to organizational trade-offs between coordination and adaptation. At the optimum, all … the expense of all others. Our results shed light on the importance of leadership, strategy and “core competences,” as …

This paper investigates whether the arrival of managers with export experience, i.e. experience acquired through … relationship is of a causal nature. We construct a worker-firm matched panel dataset which enables us to track managers across …. Contrary to blue and white collars, we find that managers are paid a sizeable premium for export experience which has both a …

based on a matching procedure. Only 7% of top-level Czech managers are women and their wages are about 20 percent lower even …

constraints that act on these processes, leave managers with considerable power to shape their own pay arrangements. Examining the …

should err in favour of the arrangement that is less favourable to managers. Such an approach, we show, would make it most …

instrument for addressing the agency problem between managers and shareholders but also as part of the agency problem itself … managers. As a result, managers wield substantial influence over their own pay arrangements, and they have an interest in … reducing the saliency of the amount of their pay and the extent to which that pay is de-coupled from managers’ performance. We …