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Who lives in the c-suite? : organizational structure and the division of labor in top management
Guadalupe, Maria; Li, Hongyi; Wulf, Julie M. - 2012
This paper shows that top management structures in large US firms radically changed since the mid-1980s. While the … general managers. Using panel data on senior management positions, we explore the relationship between changes in executive … design ; functions ; centralization ; M-form ; hierarchy ; top management team ; information technology ; activities …
Persistent link: https://www.econbiz.de/10009548652
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Household asset holding diversification in Australia
Mariotti, Francesco; Mumford, Karen; Pena-Boquete, Yolanda - 2014
We explore asset holding diversification by Australian households, in particular, the household asset diversification participation decision (whether or not to diversify at all) is jointly estimated with the decision of how much to diversify. In so doing, recent literature on the modelling of...
Persistent link: https://www.econbiz.de/10010379946
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Can the UAE avoid the oil curse by economic diversification?
Haouas, Ilham; Heshmati, Almas - 2014
Recent research conclude that the GCC economies have failed to address the oil curse. They are far behind other countries, especially those in the G7, which possess huge reserves of oil wealth but have undertaken economic diversification to correct the ill-effects of an oil curse. This paper...
Persistent link: https://www.econbiz.de/10010252644
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Stages of diversification in a neoclassical world
Batista, Catia; Potin, Jacques - 2013
Recent research has documented a U-shaped industrial concentration curve over an economy's development path. How far can neoclassical trade theory take us in explaining this pattern? We estimate the production side of the Heckscher-Ohlin model using industry data on 44 developed and developing...
Persistent link: https://www.econbiz.de/10010221543
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Do employee share owners face too much financial risk?
Kruse, Douglas L.; Blasi, Joseph R.; Weltmann, Dan; … - 2019
A major theoretical objection against employee ownership is that workers become inadequately diversified and exposed to excessive financial risk. Recent theory concludes that 10-15% of a worker's wealth portfolio can be prudently invested in employer stock provided the rest of the portfolio is...
Persistent link: https://www.econbiz.de/10012002671
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Marshallian vs Jacobs effects : which one is stronger? : evidence for Russia unemployment dynamics
Demidova, Olʹga Anatolʹevna; Kolyagina, Alena; … - 2018
This paper is devoted to the study of diversification and specialization influence on one of the main indicators of Russian labour market, the unemployment growth. The purpose of the work is to find out which effects dominate in the Russian regions, Marshallian or Jacobs, and whether this...
Persistent link: https://www.econbiz.de/10011958935
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Labour market reallocation effects of COVID-19 policies in Spain : a tale of two recessions
Díaz, Antonia; Dolado, Juan J.; Jáñez, Álvaro; … - 2023
This paper studies short-time work arrangements (ERTEs) when aggregate risk is partially sector-specific. In Spain, the Great Recession and the pandemic recession (aka the Great Contagion) can both be understood as being driven partially by large sector-specific shocks. However, the latter shows...
Persistent link: https://www.econbiz.de/10014250592
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How do humans respond to huge financial losses?
Mujcic, Redzo; Powdthavee, Nattavudh - 2022
In a controlled field setting, in which the majority of people in our sample lose more than £90,000 ($120,000), we examine how human beings respond to major financial losses. University ethics boards would not allow this kind of huge-loss phenomenon to be studied with normal social-science...
Persistent link: https://www.econbiz.de/10013367589
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Business training and female enterprise start-up, growth, and dynamics : experimental evidence from Sri Lanka
De Mel, Suresh; McKenzie, David J.; Woodruff, Christopher - 2012
We conduct a randomized experiment in Sri Lanka to measure the impact of the most commonly used business training course in developing countries, the Start-and-Improve Your Business (SIYB) program. In contrast to existing business training evaluations which are restricted to microfinance...
Persistent link: https://www.econbiz.de/10009629703
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What are we learning from business training and entrepreneurship evaluations around the developing world?
McKenzie, David J.; Woodruff, Christopher - 2012
Business training programs are a popular policy option to try to improve the performance of enterprises around the world. The last few years have seen rapid growth in the number of evaluations of these programs in developing countries. We undertake a critical review of these studies with the...
Persistent link: https://www.econbiz.de/10009629709