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constraints that act on these processes, leave managers with considerable power to shape their own pay arrangements. Examining the …
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responds more to increases in shareholders' return performance than to decreases. Further, this asymmetry is stronger when …
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We use a unique corpus of job descriptions for C-suite positions to document skills requirements in top managerial occupations across a large sample of firms. A novel algorithm maps the text of each executive search into six separate skill clusters reflecting cognitive, interpersonal, and...
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This paper uses novel, firm-level measures derived from communications metadata before and after a CEO transition in 102 firms to study if CEO turnover impacts employees' communication flows. We find that CEO turnover leads to an initial decrease in intra-firm communication, followed by a...
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