Showing 1 - 10 of 191
profit margin provide incremental information for predicting changes in future return on assets. After controlling for …
Persistent link: https://www.econbiz.de/10010520353
This study investigates the development of income-decreasing discretionary expenses surrounding CEO turnovers at banks. We expect incoming CEOs to take an earnings bath during the initial stage of their tenure. For a sample of German banks over the period 1993-2012, we document that (1) incoming...
Persistent link: https://www.econbiz.de/10010249661
This paper examines the reliance on ESG metrics in executive compensation contracts. In our sample of international publicly traded firms, a rapidly growing fraction incorporate ESG metrics in the compensation schemes of their top executives. Our analysis links the reliance on these metrics to...
Persistent link: https://www.econbiz.de/10013435292
Persistent link: https://www.econbiz.de/10003503692
lives for three periods. Our results show how a paternalistic government may correct for the effects of anticipation-bias … ; adaptation ; habit-formation ; anticipation-bias ; paternalism …
Persistent link: https://www.econbiz.de/10009559801
simulated 6 different pattern of nonresponse bias and investigated the fade-away effect across the waves 2006 to 2009. We found … remarkable differences between these 25 coun- tries. Expressed by the relative bias, i.e. bias in 2009 divided by bias at start … in 2006, we found a reduction down to 26 percent of the initial bias for Bulgaria (foremost reduction) up to 61 percent …
Persistent link: https://www.econbiz.de/10011312698
Geographically weighted small area methods have been studied in literature for small area estimation. Although these approaches are useful for the estimation of small area means efficiently under strict parametric assumptions, they can be very sensitive to outliers in the data. In this paper, we...
Persistent link: https://www.econbiz.de/10011455039
tax evasion is subject to a self-serving bias. We find that tax morale is egoistically biased: Subjects with the …
Persistent link: https://www.econbiz.de/10010403224
Modern systems of official statistics require the estimation and publication of business statistics for disaggregated domains, for example, industry domains and geographical regions. Outlier robust methods have proven to be useful for small area estimation. Recently proposed outlier robust...
Persistent link: https://www.econbiz.de/10010486950
We propose a novel view of selection bias in longitudinal surveys. Such bias may arise from initial nonresponse in a … demography is used to show that an initial bias can "fade-away" in later panel waves, if the transition laws in the observed …
Persistent link: https://www.econbiz.de/10012821615