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power depend on the configuration of agreements and disagreements; (2) Independence of mind reduces wage inequality, and …
Persistent link: https://www.econbiz.de/10010269355
the literature on executive pay: the manager power hypothesis and the efficient pay hypothesis. We find support for the … manager power hypothesis for Germany as executives tend to be rewarded when the sector is doing well rather than the firm they … work for. We reject, however, the efficient pay hypothesis as CEO pay and the demand for managers increases in Germany in …
Persistent link: https://www.econbiz.de/10010282632
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
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
The pay determining process of CEOs of UK higher education institutions is modelled using three econometric methodologies applied to a large and unique dataset for the academic years 1997/98 through to 2005/06. A gender differential in pay is detected and this differential remains robust across...
Persistent link: https://www.econbiz.de/10010269009
We use data on British football managers and teams over the 1994-2007 period to study substitution and complementarity … equal, managers who themselves played at a higher level raise the productivity of less-skilled teams by more than that of … subordinates the skills needed to succeed, since less skilled players have more to learn. We also find that managers with more …
Persistent link: https://www.econbiz.de/10010269506
Microeconomic theory predicts that under certain regularity conditions higher idiosyncratic risk increases the propensity to insure against independent marketable risks. We apply these predictions to the specific case of labor income risk and car insurance using data from the UK. The main...
Persistent link: https://www.econbiz.de/10010262448
%, and the rest of Europe slightly more. Interestingly, more than a quarter of these elite UK articles came from outside the …
Persistent link: https://www.econbiz.de/10010269637
Taxation data have been used to create long-run series for the distribution of top incomes in quite a number of countries. Most of these studies have focused on the national experience of individual countries, but we can also learn from cross-country comparisons. Comparative analysis is...
Persistent link: https://www.econbiz.de/10010270632