Large-scale increases in discrimination can lead to dismissals of highly qualified managers. We investigate how … expulsions of senior Jewish managers, due to rising discrimination in Nazi Germany, affected large corporations. Firms that lost … Jewish managers experienced persistent reductions in stock prices, dividends, and returns on assets. Aggregate market value …

managers and thus possibly making China's listed firms less effective in solving the agency problem. As such, ownership … restructuring may be needed for China to successfully transform its SOEs to efficient modernized corporations and reform its overall …

The core role of managerial accounting is to provide information to facilitate managers' decisions and influence their … experiment in a large retail chain. In a 2 × 2 factorial design, we vary: (i) whether store managers obtain access to decision … different behavioral channels. In particular, managers make use of the information provided by placing higher-margin products …

findings suggest that, when managers engage in wasteful capital expenditures, welfare may decline if the cost of investment is …