large Indian garment firm with rich survey data on line managers, we find that several key dimensions of managerial quality …

Tracking the movement of top managers across firms, we document the importance of manager-specific fixed effects in … managers' corporate strategies, such as their preferences for internal growth and financial conservatism. Managers' early …

This paper finds that globalization is contributing to the rapid increase in executive compensation over the last few … executives at firms with poor corporate governance, as one would expect if globalization has enhanced rent-capture opportunities …. Overall, these results indicate that globalization has played a more central role in the rapid growth of executive …

We develop a neoclassical trade model with heterogeneous factors of production. We consider a world with two factors …, labor and "managers", each with a distribution of ability levels. Production combines a manager of some type with a group of …

We propose a model where investors hire fund managers to invest either in risky bonds or in riskless assets. Some … managers have superior information on the default probability. Looking at the past performance, investors update beliefs on … their managers and make firing decisions. This leads to career concerns which affect investment decisions, generating a …