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This paper estimates racial differences in the retention probability, pay and performance of NBA coaches over the 1996-2003 period. Using a hazard function approach, I find small and statistically insignificant racial differences in the exit hazard, conditional on team performance, team payroll,...
Persistent link: https://www.econbiz.de/10010261874
We examine the relationship between the employment and compensation of managers and CEOs and the presence of a … monitoring, which requires more managers. The model also assumes rent sharing between workers, managers and the owners of the … firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a …
Persistent link: https://www.econbiz.de/10010262364
We formulate an empirical model of promotion with dynamic self-selection where the current promotion probability depends on the hierarchical level in the firm, individual human capital, unobserved (to the econometrician) individual specific attributes, time varying firm specific variables (firm...
Persistent link: https://www.econbiz.de/10010261773
This paper develops a model with multiple market locations in which the quality of intangible assets of firms, provided by management, determines the firms? performance. Despite an exante symmetry of potential entrants, the equilibrium assignment of heterogeneous managerial skills to firms tends...
Persistent link: https://www.econbiz.de/10010261934
managers, this investigation uses firm-level evidence from the British 1998 Workplace Employment Relationship Survey (WERS 98 … female managers into specific responsibilities, are avoided in the research presented here. The results show that workplaces … interactive relationships between managers and subordinates, and with more employee-mentoring responsibilities undertaken by …
Persistent link: https://www.econbiz.de/10010262132
Holmström?s (1982/99) career concerns model has become an important workhorse for the analysis of agency issues in many fields. The underlying signal jamming argument requires players to use information in a Bayesian way – which may or may not reasonably approximate real-life decision makers?...
Persistent link: https://www.econbiz.de/10010262147
of the typical American firm. Variable pay is usually touted as a way to provide incentives to managers whose interests … received much attention, but is consistent with many of the facts, is selection. Managers and industry specialists may have … information about a firm?s prospects that is unavailable to outside investors. In order to induce managers to be truthful about …
Persistent link: https://www.econbiz.de/10010262719
American business seems to be infatuated with its workers? ?leadership? skills. Is there such a thing, and is it rewarded in labor markets? Using the Project Talent, NLS72 and High School and Beyond datasets, we show that men who occupied leadership positions in high school earn more as adults,...
Persistent link: https://www.econbiz.de/10010262770
This paper provides the first rigorous econometric estimates on the pay-performance relations for executives of Korean firms with and without Chaebol affiliation. To do so, we have assembled for the first time panel data (that provide information not only on executive compensation and firm...
Persistent link: https://www.econbiz.de/10010267324
During the transition from plan to market, managers and politicians succeeded in maintaining control of large parts of …
Persistent link: https://www.econbiz.de/10010267582