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In this study we use import penetration as a proxy for foreign competition in order to empirically analyze (1) the impact of foreign competition on managerial compensation, (2) differences in the impact between Germany and the U.S and (3) whether the impact of import penetration is driven by...
Persistent link: https://www.econbiz.de/10011893429
requires repeated random assignment of managers to multiple teams and controls for individuals' skills. A good manager is … appointed by lottery, in part because self-promoted managers are overconfident, especially about their social skills. Managerial …. Selecting managers on skills rather than demographics or preferences for leadership could substantially increase organizational …
Persistent link: https://www.econbiz.de/10014584405
In recent decades, most developed countries have experienced a simultaneous increase in income inequality and management compensation. In this paper, we study the relation between management compensation and firm-level income dynamics in a general equilibrium model. Empirical estimation, of the...
Persistent link: https://www.econbiz.de/10003754931
brightest managers to the public sector abound. This paper studies self-selection into managerial positions in the public and … ability is always higher in the private sector. As a result, relatively many of the more able managers self-select into the …
Persistent link: https://www.econbiz.de/10003940496
We study the impact of managers on the success of professional soccer teams using data from the German "Bundesliga". We … evaluate the performance impact of individual managers by estimating regression models that include both team and manager fixed … effects, where we are exploiting the high turnover of managers between teams to disentangle the managers' contributions. We …
Persistent link: https://www.econbiz.de/10010417962
American business seems to be infatuated with its workers' "leadership" skills. Is there such a thing, and is it … leadership positions in high school earn more as adults, even when cognitive skills are held constant. The pure leadership … adults, and leadership skills command a higher wage premium within managerial occupations than other jobs. We find evidence …
Persistent link: https://www.econbiz.de/10011411183
Persistent link: https://www.econbiz.de/10001743823
mobility in the CEO market, even though firms demand general CEO skills. The empowerment mechanism explains why CEOs are …
Persistent link: https://www.econbiz.de/10012653095
-wage profile is much steeper than in domestic firms, especially for managers as opposed to blue-collar workers. Second, the higher … lifetime wage income for managers in internationally active firms relies on the stronger accumulation of experience that these …
Persistent link: https://www.econbiz.de/10012249457
managers, coupled with bonuses based on their leadership rank among all leaders. Our intervention increased worker productivity …
Persistent link: https://www.econbiz.de/10014278019