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This paper assesses different organizational forms in terms of their ability to generate information about investment … likely to be attractive when information about individual projects is soft' and cannot be credibly transmitted. Moreover …, holding fixed firm size, soft information also favors flatter organizations with fewer layers of management. In contrast …
Persistent link: https://www.econbiz.de/10012471056
When there is uncertainty about a CEO's quality, news about the firm causes rational investors to update their expectation of the firm's profitability for two reasons: Updates occur because of the direct effect of the news, and also because the news can cause an updated assessment of the CEO's...
Persistent link: https://www.econbiz.de/10012459779
then provide 22 different forms of information regarding past, current and/or future inflation and interest rates …. Information treatments about current and next year's interest rates have a strong effect on household expectations but treatments … constrained capacity to collect and process information …
Persistent link: https://www.econbiz.de/10012479302
Using a large-scale survey of U.S. households during the Covid-19 pandemic, we study how new information about fiscal … the Nielsen Homescan panel with different combinations of information about the severity of the pandemic, recent actions …
Persistent link: https://www.econbiz.de/10012481579
consumption, proxies well for investors' relevant information set …
Persistent link: https://www.econbiz.de/10012454993
education spending and teacher salaries falls sharply when respondents receive information about existing levels. Treatment … effects vary by prior knowledge in a manner consistent with information effects rather than priming. Support for salary … countries could explain Germans' lower support for increases. Information about the tradeoffs between different categories of …
Persistent link: https://www.econbiz.de/10012455872
Persistent link: https://www.econbiz.de/10013481006
, product information improved the prediction accuracy of respondents. Turning to real-life behavior, we find that mutual funds …
Persistent link: https://www.econbiz.de/10014635693
In this paper, we document the historically low rate of hiring of women in the venture capital sector. We find that the high-profile Ellen Pao v. Kleiner Perkins gender discrimination trial had dramatic treatment effects. In difference-in-differences regressions, we find that the rate of hiring...
Persistent link: https://www.econbiz.de/10012510557
Are the political preferences of CEOs associated with the representation and compensation of women in the executive suite? We find that Democratic CEOs (those who contribute more to Democratic candidates) are associated with higher representation of women in the executive suite. To explore...
Persistent link: https://www.econbiz.de/10012585377