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paper shows that financial regulation can be effective at mitigating this type of risk. Exploiting regulatory changes … financial institutions subject to stricter regulation. Following the easing of these regulations, overconfidence-induced risk …-taking increases again. These findings confirm the effectiveness of financial regulation at correcting overconfident behavior, but also …
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analyse whether managers’ beliefs about the productivity effects of WFH affect their adoption decisions. Exploiting exogenous … variation in managers’ information set, we find that managers update their beliefs about the productivity effects of WFH when … increases managers’ willingness to adopt or intensify WFH policies. Combining our main survey experiment with two follow …
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This paper investigates whether the arrival of managers with export experience, i.e. experience acquired through … relationship is of a causal nature. We construct a worker-firm matched panel dataset which enables us to track managers across …. Contrary to blue and white collars, we find that managers are paid a sizeable premium for export experience which has both a …
Persistent link: https://www.econbiz.de/10008859590
In this study, we address the question of why some CEOs stay in office during a performance downturn while others don't. Based on a social capital perspective we assume that (1) the social capital endowment of an underperforming CEO may reduce the risk of getting dismissed and that (2) the...
Persistent link: https://www.econbiz.de/10008905946