Narrow search
Showing 1 - 10 of 1,717
Cover Image
What explains the rise in CEO pay in Germany? : a panel data analysis for 1977 - 2009
Fabbri, Francesca; Marin, Dalia - 2012
work for. We reject, however, the efficient pay hypothesis as CEO pay and the demand for managers increases in Germany in …The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile … unique panel data evidence of the 500 largest firms in Germany in the period 1977-2009 we test two prominent hypotheses in …
Persistent link: https://www.econbiz.de/10009533980
Cover Image
Monitoring costs, credit constraints and entrepreneurship
Banerji, Sanjay; Raj, Rajesh S. N.; Sen, Kunal - 2012
The vast majority of firms in developing economies are micro and small enterprises owned by families whose members also provide the labour to the units. Often, they fail to grow in size even with the relaxation of credit constraints. In this paper, we show that frictions in the labour market...
Persistent link: https://www.econbiz.de/10009548201
Cover Image
The gender pay gap in the CEOs' labor market
Tani, Massimiliano; Valentine, Andrew; Sharpe, Kieran - 2022
We study the gender pay gap in the labor market for CEOs by analysing 1,174 outsider CEO successions over the past three decades across 18 countries. We find that male and female CEOs receive a similar compensation overall but this masks marked gender differences in the pay structure: namely,...
Persistent link: https://www.econbiz.de/10013471202
Cover Image
CEO stress, aging, and death
Borgschulte, Mark; Guenzel, Marius; Liu, Canyao; … - 2023
We assess the long-term effects of managerial stress on aging and mortality. First, we show that exposure to industry distress shocks during the Great Recession produces visible signs of aging in CEOs. Applying neural-network based machine-learning techniques to pre- and post-distress pictures,...
Persistent link: https://www.econbiz.de/10014326393
Cover Image
Internal promotion or external hire? : staffing management positions when employees have a seat in the boardroom
Gregorič, Aleksandra; Kato, Takao; Larsen, Casper Berg … - 2024
likely prefer firms to rely on internal labor markets (ILM) when hiring new managers and (2) conceptualizing the employees …
Persistent link: https://www.econbiz.de/10015064437
Cover Image
Firm performance and managerial turnover : the case of Ukraine
Muravyev, Alexander; Talavera, Oleksandr; Bilyk, Olga; … - 2009
ownership and supervisory board size, we do find significant entrenchments effects associated with ownership by managers …
Persistent link: https://www.econbiz.de/10003894422
Cover Image
The value relevance of top executive departures : evidence from the Netherlands
Cools, Cornelis (contributor); Praag, Mirjam van (contributor) - 2007
On theoretical grounds, monitoring of top executives by the (supervisory) board is expected to be value relevant. The empirical evidence is ambiguous and we analyze three non-competing explanations for this ambiguity: (i) The positive effect on firm value of board monitoring is hidden in stock...
Persistent link: https://www.econbiz.de/10003561623
Cover Image
CEO and board characteristics as determinants of private benefits of control : evidence from the Russian stock exchange
Berezinec, Irina V.; Ilina, Julja; Muravyev, Alexander - 2011
This paper investigates whether and how various characteristics of CEOs and corporate boards are related to the severity of corporate governance problems within firms. The latter is proxied by private benefits of control, which we measure for dual class stock firms using the voting premium...
Persistent link: https://www.econbiz.de/10009524994
Cover Image
Performance effects of appointing other firms' executive directors to corporate boards : an analysis of UK firms
Muravyev, Alexander; Talavera, Oleksandr; Weir, Charlie - 2014
This paper studies the effect on company performance of appointing non-executive directors that are also executive directors in other firms. The analysis is based on a new panel dataset of UK companies over 2002-2008. Our findings suggest a positive relationship between the presence of these...
Persistent link: https://www.econbiz.de/10010246653
Cover Image
Why so few women on boards of directors? : empirical evidence from Danish companies 1997 - 2007
Parrotta, Pierpaolo; Smith, Nina - 2013
This paper analyzes the determinants of women on the boards of directors based on a panel sample of all Danish companies in the private sector with more than 50 employees. The share of women on the boards of directors was 12 percent in 2007 and has only slowly increased during the period...
Persistent link: https://www.econbiz.de/10010201307