about fundamentals to investors and managers. First, we show that the informational feedback between the firm's share price … that explicitly linking managerial compensation to share prices gives managers an incentive to manipulate the firm …'s decisions to their own benefit. The managers take advantage of shareholders by taking excessive investment risks when the market …

particular, branches with more experienced managers were better able to respond to the new incentives. …

Portugal. Female managers can protect and mentor female employees by paying them higher wages than male-led firms would do. We …

division managers. The division managers' job is to create profitable investment projects. Giving the managers incentives to do … projects in order to receive more resources. We show that paying managers based on firm performance in addition to individual …. This effect exists even though with perfect information, centralized resource allocation would improve the managers …

managerial incentives affect both the mean and dispersion of workers’ productivity through two channels. First, managers respond … increase. Second, managers select out the least able workers, implying that the mean increases but the dispersion may decrease … of worker productivity. Analysis of individual level productivity data shows that managers target their effort towards …

We present evidence on the effect of social connections between workers and managers on productivity in the workplace … workers managed. We find that when managers are paid fixed wages, they favor workers to whom they are socially connected …

the number of positions between the CEO and division managers and (ii) increase the number of positions reporting directly …

Analyzing data from a unique survey of managers of Chinese private firms, we investigate how family ties with firm … heads affect managerial compensation and job assignment. We find that family managers earn higher salaries and receive more … bonuses, hold higher positions, and are given more decision rights and job responsibilities than non-family managers in the …