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The costs of low-carbon energy fell dramatically over the past decade, leading to rapid growth in its deployment. However, many challenges remain to deploy low-carbon energy at a scale necessary to meet net zero carbon emission targets. If net zero goals are to be met, developing complementary...
Persistent link: https://www.econbiz.de/10013361997
that executive compensation is linked to these perceived "competence" ratings. Our analysis explores these findings in more …-facedness" of the CEO. That is, more mature looking CEOs are assigned higher "competence" scores. This finding is potentially …. Essentially, the "look" of competence says very little about effective competence …
Persistent link: https://www.econbiz.de/10012462745
We investigate the effect of corporate sustainability on organizational processes and performance. Using a matched … sample of 180 US companies, we find that corporations that voluntarily adopted sustainability policies by 1993 - termed as … High Sustainability companies - exhibit by 2009 distinct organizational processes compared to a matched sample of companies …
Persistent link: https://www.econbiz.de/10012460709
We examine the relationship between wages and skill requirements in a sample of over 50,000 managers in 39 companies …
Persistent link: https://www.econbiz.de/10012471020
Most analyses of teacher quality end without any assessment of the economic value of altered teacher quality. This paper combines information about teacher effectiveness with the economic impact of higher achievement. It begins with an overview of what is known about the relationship between...
Persistent link: https://www.econbiz.de/10012462051
The level of diseconomies of scale in asset management has important implications for tests of manager skill and the expected level of performance persistence. To identify the causal impact of fund size on future returns, we exploit the fact that small differences in returns can cause discrete...
Persistent link: https://www.econbiz.de/10012462327
Outside directors have incentives to resign to protect their reputation or to avoid an increase in their workload when they anticipate that the firm on whose board they sit will perform poorly or disclose adverse news. We call these incentives the dark side of outside directors. We find strong...
Persistent link: https://www.econbiz.de/10012462735
We study the characteristics and abilities of CEO candidates for companies involved in buyout (LBO) and venture capital (VC) transactions and relate them to hiring decisions, investment decisions, and company performance. Candidates are assessed on more than thirty individual abilities. The...
Persistent link: https://www.econbiz.de/10012464452
possibilities are internalized in the market, and where managers are complementary inputs to non-managerial workers. The paper … illustrates why some countries may adopt modern technologies while others stay backwards. The paper also explains why managers may …
Persistent link: https://www.econbiz.de/10012467228
We investigate the hypothesis that complementarities across co-workers (which may arise from matching or investments in specific skills) affect the value of employment relationships between senior executives and firms. We analyze the changes in the composition of top management teams when a key...
Persistent link: https://www.econbiz.de/10012468343