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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
Little is known about how socioeconomic characteristics of executive teams affect corporate governance in banking. Exploiting a unique dataset, we show how age, gender, and education composition of executive teams affect risk taking of financial institutions. First, we establish that age,...
Persistent link: https://www.econbiz.de/10009509092
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We analyze the relationship between managerial ownership and company performance, testing the incentive and entrenchment hypothesis. Differently from previous literature, we focus on small and medium-sized private enterprises which constitute an important part of the German economy. We use a...
Persistent link: https://www.econbiz.de/10001633303
, um Teilzeitarbeit von Führungskräften in Deutschland sowohl im zeitlichen als auch im internationalen Vergleich … Auswertungen zeigen: In Deutschland arbeiteten im Jahr 2019 laut eigener Aussage rund 14 Prozent der Führungskräfte in Teilzeit. Im … europäischen Vergleich gehört Deutschland damit zu den Ländern mit dem höchsten Anteil an teilzeitarbeitenden Führungskräften. Die …
Persistent link: https://www.econbiz.de/10013166695
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Unification fundamentally changed the terms of quantitative macroeconomic analysis for Germany. Two main areas concerned are data availability for the eastern part of Germany and structural changes within the behavioural equations after unification. Our paper presents results from the estimation...
Persistent link: https://www.econbiz.de/10013428286
Resource-rich dictatorships are more inclined to repress civil society than others. In this paper, we identify a tradeoff between political rents from natural resources and the organizational density of civil society. This organizational density determines the extent to which citizens can...
Persistent link: https://www.econbiz.de/10011536049
Persistent link: https://www.econbiz.de/10000972545
Environmental impact assessment is currently the major Brazilian institution that routinely seeks community input about infrastructure projects. It is criticized both by activists who think it permits projects it should not and by project proponents who think that it is too slow and blocks...
Persistent link: https://www.econbiz.de/10012059506