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Gorton, Gary; Grennan, Jill; Zentefis, Alexander K. - National Bureau of Economic Research - 2021

Corporate culture is an omnibus term that includes many elements like norms, values, knowledge, and customs that are relevant to a firm. Economists have made great progress recently in devising methods of measuring different aspects of corporate culture. These empirical measures of culture have...

Persistent link: https://www.econbiz.de/10012660000

Social Progress and Corporate Culture

Gorton, Gary B. - 2019

Social progress through improved treatment of minority groups (the embrace of anti-racist and anti-sexist norms, for example) may or may not spread to corporate cultures through competition. Sometimes the market fails to adapt on its own and government must pass legislation to secure changes in...

Persistent link: https://www.econbiz.de/10012479440

Corporate Culture as a Theory of the Firm

Gorton, Gary B. - 2020

Markets and firms offer contrasting methods to arrange production. In markets, contracts govern the purchase of parts and services that compose production. In firms, the shared values, customs, and norms coming from a corporate culture govern employees' joint development of those parts and...

Persistent link: https://www.econbiz.de/10012481548

Selection into Entrepreneurship and Self-Employment

Levine, Ross - 2018

We study the effects of ability and liquidity constraints on entrepreneurship. We develop a three sector Roy model that … on entry into entrepreneurship. The model predicts--and the data confirm--that entrepreneurs are positively selected on … positively selected on collateral, but other self-employed are not; and entrepreneurship is procyclical, but self-employment is …

Persistent link: https://www.econbiz.de/10012481000

Smart and Illicit : Who Becomes an Entrepreneur and Do They Earn More?

Levine, Ross - 2013

"illicit" tendencies as youths accounts for both entry into entrepreneurship and the comparative earnings of entrepreneurs. In …

Persistent link: https://www.econbiz.de/10012459385