Showing 1 - 10 of 219
The paper studies whether and how CEO turnover in Ukrainian firms is related to their performance. Based on a novel dataset covering Ukrainian joint stock companies in 2002-2006, the paper finds statistically significant negative association between the past performance of firms measured by...
Persistent link: https://www.econbiz.de/10013156404
This paper studies economic effects of the gender composition of corporate boards, employing a new and unique longitudinal dataset of virtually all Russian companies whose shares were traded on the national stock market between 1998 and 2014. Using multiple identification approaches, alternative...
Persistent link: https://www.econbiz.de/10012868825
causal estimates of the effects of decreased generosity of disability insurance (DI) on behavior of existing DI recipients …
Persistent link: https://www.econbiz.de/10013115369
We examine the targeting effects of increased scrutiny in the screening of Disability Insurance (DI) applications using … social insurance programs. As we do not find additional screening effects on health at the point of the award decision, we …
Persistent link: https://www.econbiz.de/10012870138
executive directors, also without a successor appointment, are value relevant in the Netherlands where external control …
Persistent link: https://www.econbiz.de/10013316805
We characterize how public insurance schemes are constrained by hidden financial transactions. When non …-exclusive private insurance entails increasing unit transaction costs, public transfers are only partly offset by hidden private … of insurance on unobservable effort and saving choices as well as the relative cost of public and private insurance …
Persistent link: https://www.econbiz.de/10013137517
This high-stakes experiment investigates the effect on buyers of mandatory disclosures concerning an insurance policy … trusting plays an important role. Trust is clearly associated with greater willingness to pay for insurance. Unlike in previous … of breach is negligible. However, as for much B2C insurance marketing, face-to-face selling plays a crucial role in our …
Persistent link: https://www.econbiz.de/10013139875
We investigate the effect of firms' participation in an insurance scheme on the long-term sickness absence of their … two weeks of sickness. The insurance scheme is provided by government authority and is designed to help small firms with … that the minimum cost of the present insurance scheme is similar to about 1100 man-years. On top of that comes a …
Persistent link: https://www.econbiz.de/10013099791
with effort-determined probability. We show that if insurance against a negative shock is sufficiently incomplete, then … standard functional form restrictions ensure that individual objective functions are optimized by an effort and insurance … combination that is unique and satisfies first- and second-order conditions. Modeling insurance incompleteness in terms of costly …
Persistent link: https://www.econbiz.de/10013071425
We analyze whether the availability of formal insurance products affects informal solidarity transfers in two … minimizes strategic concerns. The introduction of an insurance treatment alters solidarity in both experiments. We find crowding …-out effects in the first setting with strategic motives, while there are even crowding-in effects due to insurance availability in …
Persistent link: https://www.econbiz.de/10012823295