Showing 1 - 10 of 135
We investigate whether bank performance during the credit crisis of 2008 is related to CEO incentives and share ownership before the crisis and whether CEOs reduced their equity stakes in their banks in anticipation of the crisis. There is no evidence that banks with CEOs whose incentives were...
Persistent link: https://www.econbiz.de/10012463437
stakeholders. Because there are spillover benefits associated with being associated with a "winner," the perceptions of … stakeholders and potential stakeholders can affect firm value. Our analysis indicates that while transparency (i.e., generating … information regarding the extent to which stakeholders benefit from having a relationship with a high quality firm. These costs …
Persistent link: https://www.econbiz.de/10012464992
firms and stakeholders to undertake relationship specific investments. The negative effects of transparency can lead firms …
Persistent link: https://www.econbiz.de/10012468593
stakeholders - entrepreneurial founders or CEOs, employees, employees, customers, suppliers, communities or governments, having …
Persistent link: https://www.econbiz.de/10012455221
This paper develops a model of evolving standards for academic publishing. It is motivated by the increasing tendency of academic journals to require multiple revisions of articles and by changes in the content of articles. Papers are modeled as varying along two quality dimensions: q and r. The...
Persistent link: https://www.econbiz.de/10012470945
Over the last three decades there has been a dramatic increase in the length of time necessary to publish a paper in a top economics journal. This paper documents the slowdown and notes that a substantial part is due to an increasing tendency of journals to require that papers be extensively...
Persistent link: https://www.econbiz.de/10012470946
As patent data become more available in machine-readable form, an increasing number of researchers have begun to use measures based on patents and their citations as indicators of technological output and information flow. This paper explores the economic meaning of these citation-based patent...
Persistent link: https://www.econbiz.de/10012471009
A survey of recent patentees was conducted to elicit their perceptions regarding the importance of their inventions, the extent of their communication with other inventors, and the relationship of both importance and communication to observed patent citations. A cohort of 1993 patentees were...
Persistent link: https://www.econbiz.de/10012471136
This paper investigates the local impact of biomedical research on mortality in the USA. Causally estimating the marginal value of biomedical research is challenging due to a lack of micro data linking health outcomes to plausibly exogenous variation in research. We create a new linkage between...
Persistent link: https://www.econbiz.de/10012660098
In this paper, we review the growing literature on FinTech lending - the provision of credit facilitated by technology that improves the customer-lender interaction or lenders' screening and monitoring of borrowers. FinTech lending has grown rapidly, though in developed economies like the U.S....
Persistent link: https://www.econbiz.de/10012660099