responds more to increases in shareholders' return performance than to decreases. Further, this asymmetry is stronger when …

, that capped the corporate tax deductibility of top management compensation at $1 million per executive unless it qualified …

Data for a sample of 558 CEOs over 1985-1990 suggest substantial compensation premia for managers of diversified firms …

In this paper we examine the causal impact of competition on management quality. We analyze the hospital sector where … management quality - measured using a new survey tool - is strongly correlated with financial and clinical outcomes such as … a greater number of neighboring hospitals) is positively correlated with increased management quality, and this …