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How Are Employers Responding to an Aging Workforce?
Clark, Robert L. - 2020
The American population is aging and changes in the population's age structure are leading to an aging of the nation's workforce. In addition, changes to age specific participation rates are exacerbating the aging of the national labor force. An important challenge for firms and organizations is...
Persistent link: https://www.econbiz.de/10012479157
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Local Dividend Clienteles
Becker, Bo - 2009
We exploit demographic variation to identify the effect of dividend demand on corporate payout policy. Retail investors tend to hold local stocks and older investors prefer dividend-paying stocks. Together, these tendencies generate geographically-varying demand for dividends. Firms...
Persistent link: https://www.econbiz.de/10012463474
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Matching Firms, Managers and Incentives
Bandiera, Oriana - 2011
We exploit a unique combination of administrative sources and survey data to study the match between firms and managers. The data includes manager characteristics, such as risk aversion and talent; firm characteristics, such as ownership; detailed measures of managerial practices relative to...
Persistent link: https://www.econbiz.de/10012461966
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The Internal Governance of Firms
Acharya, Viral V. - 2009
We develop a model of internal governance where the self-serving actions of top management are limited by the potential …
Persistent link: https://www.econbiz.de/10012463081
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Modern Management : Good for the Environment or just Hot Air?
Bloom, Nicholas - 2008
We use an innovative methodology to measure management practices in over 300 manufacturing firms in the UK. We then … match this management data to production and energy usage information for establishments owned by these firms. We find that … relation to other factor inputs. This is quantitatively substantial: going from the 25th to the 75th percentile of management …
Persistent link: https://www.econbiz.de/10012464253
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Business Strategy and the Management of Firms
Yang, Mu-Jeung - 2015
secure persistently superior performance via investments in better management and organization. We empirically analyze the … management is driven by two key organizational trade-offs: employee initiative vs. coordination as well as exploration of novel …
Persistent link: https://www.econbiz.de/10012457820
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Deals versus rules : policy implementation uncertainty and why firms hate it
Hallward-Driemeier, Mary - 2010
"Firms in Africa report "regulatory and economic policy uncertainty" as a top constraint to their growth. We argue that often firms in Africa do not cope with policy rules, rather they face deals; firm-specific policy actions that can be influenced by firm actions (e.g. bribes) and...
Persistent link: https://www.econbiz.de/10011394615
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Why Firms Offer Paid Parental Leave : An Exploratory Study
Goldin, Claudia; Pekkala Kerr, Sari; Olivetti, Claudia - National Bureau of Economic Research - 2020
Why do competitive firms in the US provide paid parental leave (PPL)? Which firms do and to what extent? We use several firm- and individual-level data sets to answer these questions. These include the BLS-Employee Benefit Survey (EBS) for 2010 to 2018 and an extensive firm-level data collection...
Persistent link: https://www.econbiz.de/10012479141
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Dancing With Activists
Bebchuk, Lucian A. - 2019
An important milestone often reached in the life of an activist engagement is entering into a "settlement" agreement between the activist and the target's board. Using a comprehensive hand-collected data set, we analyze the drivers, nature, and consequences of such settlement agreements....
Persistent link: https://www.econbiz.de/10012480117
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Do You Know That I Know That You Know...? Higher-Order Beliefs in Survey Data
Coibion, Olivier - 2018
We implement a new survey of firms, focusing on their higher-order macroeconomic expectations. The survey provides a novel set of stylized facts regarding the relationship between first-order and higher-order expectations of economic agents, including how they adjust their beliefs in response to...
Persistent link: https://www.econbiz.de/10012480640