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This paper shows that top management structures in large US firms radically changed since the mid-1980s. While the number of managers reporting directly to the CEO doubled, the growth was driven primarily by functional managers rather than general managers. Using panel data on senior management...
Persistent link: https://www.econbiz.de/10010884351
on age and gender) and its performance with respect to innovative activities (outlays and employment in research and …
Persistent link: https://www.econbiz.de/10010959523
and gender) and its performance (productivity and profitability) for a large representative sample of enterprises from … level surveys performed by the Statistical Offices. Our micro-econometric analysis confirms previous findings of concave age …' profitability, which is consistent with deferred compensation considerations. Moreover, our analysis reveals for the first time that …
Persistent link: https://www.econbiz.de/10009652531
This paper summarizes in a non-technical way what we know from empirical studies based on firm-level data about the mutual links between international activities of firms and productivity. It is written with a view to inform policy makers in an evidence-based way. A special focus is on the...
Persistent link: https://www.econbiz.de/10008836666
How valuable is education for entrepreneurs' performance as compared to employees'? What might explain any differences … show furthermore that entrepreneurs have higher returns to education than employees (in terms of the comparable performance …
Persistent link: https://www.econbiz.de/10008558947
This is the first study to use an achievement test score to analyze whether the income gap between second-generation immigrants and natives is caused by a skill gap rather than ethnic discrimination. Since, in principle, every male Swedish citizen takes the test when turning 18, we are able to...
Persistent link: https://www.econbiz.de/10005822096
Theory and evidence have raised concerns that microcredit does more harm than good, particularly when offered at high interest rates. We use a clustered randomized trial, and household surveys of eligible borrowers and their businesses, to estimate impacts from an expansion of group lending at...
Persistent link: https://www.econbiz.de/10010884156
Selling internationally requires products that resonate with an international customer base and therefore an approach to markets that is in keeping with diverse cultures (i.e., relational capital). As emphasized by international business studies, this relational capital is in turn related to the...
Persistent link: https://www.econbiz.de/10010884332
effects probit and instrumental variables estimates. The empirical analysis confirms that apprentice and further training …
Persistent link: https://www.econbiz.de/10010959553
We determine workforce composition and wages in firms in the presence of productivity spill-overs between co-workers. In equilibrium, workers' wages depend on the production structure of firms, own group size, and aggregate workforce composition in the firm. We estimate the wage effects of...
Persistent link: https://www.econbiz.de/10010959619