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. shared leadership, establish stability in shared leadership, or experience repeated discord-induced TMT leader departures …. While most firms do not experience smooth transitions to stable shared TMT leadership, a focus on value creation, in … conjunction with talent recruitment and promotion, enabled some firms to achieve stable shared leadership in spite of discord …
Persistent link: https://www.econbiz.de/10012452978
to forgo the potentially valuable private information of their managers. We study the introduction of job testing across … 15 firms employing low-skilled service sector workers. When faced with similar applicant pools, we find that managers who … appear to hire against test recommendations end up with worse average hires. This suggests that managers often overrule test …
Persistent link: https://www.econbiz.de/10012456961
In this paper we analyze the problem of whether and/or when to replace a leader (agent) when no monetary rewards are available, and it is the leader's competence rather than effort that is being evaluated. The only decisions that the leader takes over time are whether to undertake risky but...
Persistent link: https://www.econbiz.de/10012458366
Traditional economic models of vaccination assume that agents free-ride on the vaccination decision of others. These …
Persistent link: https://www.econbiz.de/10012459135
Using a high-stakes field experiment conducted with a financial brokerage, we implement a novel design to separately identify two channels of social influence in financial decisions, both widely studied theoretically. When someone purchases an asset, his peers may also want to purchase it, both...
Persistent link: https://www.econbiz.de/10012460419
the composition of top management teams when a key member of the team (the CEO) departs. Our empirical analysis … establishes several facts that are consistent with co-worker complementarity being an important determinant of management team …
Persistent link: https://www.econbiz.de/10012468343
explain differences in the rate of human capital accumulation on the job. Data tracking national soccer team performance and … individual has been a member of an elite team than when he has been a member of lower level teams. The conclusion is borne out by … a rich set of complementary data on: national team performance, player-level performance, performance of foreign players …
Persistent link: https://www.econbiz.de/10012458190
10% of boss quality with one who is in the upper 10% of boss quality increases a team's total output by more than would … adding one worker to a nine member team. Workers assigned to better bosses are less likely to leave the firm. A separate …
Persistent link: https://www.econbiz.de/10012460346
show that general manager pay decreases as functional managers join the executive team suggesting a shift in activities … 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 positions, we explore the relationship between changes in executive …
Persistent link: https://www.econbiz.de/10012460812
This paper develops a novel method to identify the causal contribution of managers to team performance. The method … someone who consistently causes their team to produce more than the sum of their parts. Good managers have roughly twice the … impact on team performance as good workers. People who nominate themselves to be in charge perform worse than managers …
Persistent link: https://www.econbiz.de/10014635662