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Individual and corporate social responsibility
Bénabou, Roland; Tirole, Jean - 2009
Society's demands for individual and corporate social responsibility as an alternative response to market and distributive failures are becoming increasingly prominent. We first draw on recent developments in the psychology and economics of prosocial behavior to shed light on this trend, which...
Persistent link: https://www.econbiz.de/10010269689
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The Impact of Risk Aversion, Role Models, and the Regional Milieu on the Transition from Unemployment to Self-Employment: Empirical Evidence for Germany
Wagner, Joachim - 2002
The focus of this paper is on the choice of the unemployed between becoming an entrepreneur or not. It contributes to the literature by empirically investigating two hitherto neglected issues: What is the impact of risk aversion and personal contact with a role model in shaping the decision to...
Persistent link: https://www.econbiz.de/10010262783
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Investor protection and the value of shares: evidence from statutory rules governing variations of shareholders' class rights in Russia
Muravyev, Alexander - 2009
This paper uses a quasi-experimental framework provided by recent changes in Russian corporate law to study the effect of investor protection on the value of shares. The legal change analyzed involves the empowerment of preferred (non-voting) shareholders to veto unfavorable changes in their...
Persistent link: https://www.econbiz.de/10010269433
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Capitalism Recoupled
Kelly, Colm; Snower, Dennis J. - 2021
stakeholder value. For government, it calls for setting legal obligations, targets and incentives to ensure that stakeholder value …
Persistent link: https://www.econbiz.de/10012658088
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Individual and Corporate Social Responsibility
Benabou, Roland; Tirole, Jean - Institute for the Study of Labor (IZA) - 2009
Society's demands for individual and corporate social responsibility as an alternative response to market and distributive failures are becoming increasingly prominent. We first draw on recent developments in the "psychology and economics" of prosocial behavior to shed light on this trend, which...
Persistent link: https://www.econbiz.de/10008469709
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Prosocial Managers, Employee Motivation, and the Creation of Shareholder Value
Kajackaite, Agne; Sliwka, Dirk - 2018
Milton Friedman has famously claimed that the responsibility of a manager who is not the owner of a firm is "to conduct the business in accordance with their [the shareholders'] desires, which generally will be to make as much money as possible." In this paper we argue that when contracts are...
Persistent link: https://www.econbiz.de/10011931754
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Community Norms and Organizational Practices: The Legitimization of Wage Arrears in Russia, 1992-1999
Earle, John S.; Spicer, Andrew; Peter, Klara Sabirianova - 2004
What role do community norms play in the diffusion and persistence of new organizational practices? We explore this question through an examination of the widespread practice of wage arrears, the late and non-payment of wages, in Russia during the 1990s. Existing research on wage arrears most...
Persistent link: https://www.econbiz.de/10010261776
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Social Evolution, Corporate Culture, and Exploitation
Schlicht, Ekkehart - 2002
management instrument shape the self-perception of management and engender true, rather than faked, social exchange. The market …
Persistent link: https://www.econbiz.de/10010262244
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Management economics in a large retail organization
Siebert, William Stanley; Zubanov, Nikolay - 2008
We study the impact of and reward to middle management ability using data from 245 stores of a nationwide retailer. The … company scores six broad areas of management practice, the most important of which turns out to be commercial awareness, where … managers do not receive higher pay all else equal, which implies that middle management ability is not fully tradable. …
Persistent link: https://www.econbiz.de/10010276680
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Management Economics in a Large Retail Organization
Siebert, W. Stanley; Zubanov, Nikolay - Institute for the Study of Labor (IZA) - 2008
We study the impact of and reward to middle management ability using data from 245 stores of a nationwide retailer. The … company scores six broad areas of management practice, the most important of which turns out to be "commercial awareness … managers do not receive higher pay all else equal, which implies that middle management ability is not fully tradable. …
Persistent link: https://www.econbiz.de/10005703534