Showing 1 - 10 of 148
This paper explores how motivating an incumbent CEO to make investments that improve the effectiveness of the firm organization under his management interacts with the replacement policy of the board of directors. We characterize the optimal compensation package (including severance pay) under...
Persistent link: https://www.econbiz.de/10005123708
This paper provides empirical evidence consistent with the facts that (1) social networks may strongly affect board composition and (2) social networks may be detrimental to corporate governance. Our empirical investigation relies on a unique dataset on executives and outside directors of...
Persistent link: https://www.econbiz.de/10005124038
I characterize the effects of empirically observed managerial incentives on long-run oligopolistic competition. When managers have a preference for smooth time-paths of profits – as revealed by the empirical literature on ‘income smoothing’ – manager-led firms can sustain collusive...
Persistent link: https://www.econbiz.de/10005667065
the average female avoids competitive behaviour more than the average male. This suggests that observed gender differences … might reflect social learning rather than inherent gender traits. …
Persistent link: https://www.econbiz.de/10005082535
pressure to conform to gender-stereotypes encourages girls and boys to modify their innate preferences. Single-sex environments … choices to environmental factors could be explored. The results of our real-stakes gamble show that gender differences in … than coed girls. Moreover, gender differences in preferences for risk-taking are sensitive to the gender mix of the …
Persistent link: https://www.econbiz.de/10005082546
observed gender differences in behaviour under uncertainty found in previous studies might partly reflect social learning … rather than inherent gender traits. …
Persistent link: https://www.econbiz.de/10009365004
In this paper, we propose a job assignment model allowing for a gender difference in access to jobs. Males and females …-paid jobs can be detected and quantified. We estimate the gender relative probability of getting any given job position for full …
Persistent link: https://www.econbiz.de/10008459767
The paper investigates the role of human capital for migrants' ethnic ties towards their home and host countries. Pre-migration characteristics dominate ethnic self-identification. Human capital acquired in the host country does not affect the attachment to the receiving country.
Persistent link: https://www.econbiz.de/10005788905
This paper studies gender interactions within hierarchical organizations using a large data set on the duration of … discontinuity in gender-mixed electoral races decided by a narrow margin. The likelihood that a female mayor survives until the end …
Persistent link: https://www.econbiz.de/10005791679
immigrants. Using unique German survey data, the paper identifies marked gender differences in the effects of ethnic …
Persistent link: https://www.econbiz.de/10005791986