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Executives' "Off-The-Job" Behavior, Corporate Culture, and Financial Reporting Risk

Davidson, Robert - 2012

We examine how executives' behavior outside the workplace, as measured by their ownership of luxury goods (low "frugality") and prior legal infractions, is related to financial reporting risk. We predict and find that CEOs and CFOs with a legal record are more likely to perpetrate fraud. In...

Persistent link: https://www.econbiz.de/10012460658

Managers and Productivity in Retail

Metcalfe, Robert D.; Sollaci, Alexandre B.; Syverson, Chad - National Bureau of Economic Research - 2023

Across many sectors, research has established that management explains a notable portion of productivity differences across organizations. A remaining question, however, is whether it is managers themselves or firm-wide management practices that matter. We shed light on this question by...

Persistent link: https://www.econbiz.de/10014250209

Economics and Politics of Alternative Institutional Reforms

Caselli, Francesco - 2007

firms (entrepreneurship) and the average quality of management (meritocracy). Legal reform also reduces financial … improve meritocracy at the expense of entrepreneurship. As a result, legal reform encounters less political opposition than …

Persistent link: https://www.econbiz.de/10012465823

The Effects of Entry on Incumbent Innovation and Productivity

Aghion, Philippe - 2006

How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that there is heterogeneity across industries--incumbents in technologically advanced industries react positively to foreign firm entry, but not in laggard industries. To explain this...

Persistent link: https://www.econbiz.de/10012466642

"Success Taxes," Entrepreneurial Entry, and Innovation

Gentry, William M. - 2004

entry, the progressivity of the tax also discourages entrepreneurship, and significantly so for some groups of households …

Persistent link: https://www.econbiz.de/10012468142

Taxes and Entrepreneurial Activity : Theory and Evidence for the U.S

Gordon, Roger H. - 2002

Entrepreneurial activity is presumed to generate important spillovers, potentially justifying tax subsidies. How does the tax law affect individual incentives? How much of an impact has it had in practice? We first show theoretically that taxes can affect the incentives to be an entrepreneur due...

Persistent link: https://www.econbiz.de/10012469698

The Stability of the American Business Elite

Temin, Peter - 1998

This paper begins the task of explaining why the American business elite has remained white, male and mostly native-born Protestants for a century, as verified in a previous paper (Temin, 1997). I argue that the evidence is inconsistent with the hypotheses that the stability is due to...

Persistent link: https://www.econbiz.de/10012471993

The State of American Entrepreneurship : New Estimates of the Quantity and Quality of Entrepreneurship for 15 US States, 1988-2014

Guzman, Jorge - 2016

entrepreneurship. Building on Guzman and Stern (2015a; 2015b), this paper offers new evidence to inform this debate by estimating … simultaneously account for both the quantity as well as the quality of entrepreneurship: the Entrepreneurial Quality Index (EQI …, measuring the average quality level among a group of start-ups within a given cohort), the Regional Entrepreneurship Cohort …

Persistent link: https://www.econbiz.de/10012456579

CEO Overconfidence and Innovation

Galasso, Alberto - 2010

Are CEOs' attitudes and beliefs linked to their fims' innovative performance? This paper uses Malmendier and Tate's measure of overconfidence, based on CEO stock-option exercise, to study the relationship between a CEO's "revealed beliefs" about future performance and standard measures of...

Persistent link: https://www.econbiz.de/10012462611

Overconfidence and Early-life Experiences : The Impact of Managerial Traits on Corporate Financial Policies

Malmendier, Ulrike - 2010

We show that measurable managerial characteristics have significant explanatory power for corporate financing decisions beyond traditional capital-structure determinants. First, managers who believe that their firm is undervalued view external financing as overpriced, especially equity. Such...

Persistent link: https://www.econbiz.de/10012462992