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The Governance of Not-for-Profit Firms
Glaeser, Edward L. - 2021
Many factors including incentive-pay, powerful shareholders, and takeover threats push for-profits managers towards maximizing shareholder value. One of the most striking factors about non-profit firms is that they have no comparable governance institutions, and the only check on managers are...
Persistent link: https://www.econbiz.de/10013227489
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Hall of Mirrors : Corporate Philanthropy and Strategic Advocacy
Bertrand, Marianne - 2018
Politicians and regulators rely on feedback from the public when setting policies. For-profit corporations and non-pro t entities are active in this process and are arguably expected to provide independent viewpoints. Policymakers (and the public at large), however, may be unaware of the...
Persistent link: https://www.econbiz.de/10012906796
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Does Management Matter in Schools
Bloom, Nicholas - 2014
We collect data on operations, targets and human resources management practices in over 1,800 schools educating 15-year-olds in eight countries. Overall, we show that higher management quality is strongly associated with better educational outcomes. The UK, Sweden, Canada and the US obtain the...
Persistent link: https://www.econbiz.de/10013044342
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Improving Public Sector Management at Scale? Experimental Evidence on School Governance India
Muralidharan, Karthik; Singh, Abhijeet - 2022
We present results from a large-scale experimental evaluation of an ambitious attempt to improve management quality in Indian schools (implemented in 1,774 randomly-selected schools). The intervention featured several global “best practices” including comprehensive assessments, detailed...
Persistent link: https://www.econbiz.de/10013289460
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Is it Whom You Know or What You Know? An Empirical Assessment of the Lobbying Process
Bertrand, Marianne - 2011
get inside the black box of the lobbying process and inform our understanding of the relative importance of these two … views of lobbying. We exploit multiple sources of data covering the period 1999 to 2008, including: federal lobbying … lobbying does not fit the data well. Instead, maintaining connections to politicians appears central to what lobbyists do. In …
Persistent link: https://www.econbiz.de/10013130552
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Friends in High Places
Cohen, Lauren - 2010
We demonstrate that personal connections amongst politicians have a significant impact on the voting behavior of U.S. politicians. Networks based on alumni connections between politicians, as well as common seat locations on the chamber floor, are consistent predictors of voting behavior. For...
Persistent link: https://www.econbiz.de/10013137309
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Trade Policy Making in a Model of Legislative Bargaining
Celik, Levent - 2011
In democracies, trade policy is the result of interactions among many agents with different agendas. In accordance with this observation, we construct a dynamic model of legislative trade policy-making in the realm of distributive politics. An economy consists of different sectors, each of which...
Persistent link: https://www.econbiz.de/10013121949
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A Fistful of Dollars : Lobbying and the Financial Crisis
Igan, Deniz - 2011
Has lobbying by financial institutions contributed to the financial crisis? This paper uses detailed information on … financial institutions' lobbying and mortgage lending activities to answer this question. We find that lobbying was associated … with more risk-taking during 2000-07 and with worse outcomes in 2008. In particular, lenders lobbying more intensively on …
Persistent link: https://www.econbiz.de/10013124842
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You Owe Me
Malmendier, Ulrike - 2012
In many cultures and industries gifts are given in order to influence the recipient, often at the expense of a third party. Examples include business gifts of firms and lobbyists. In a series of experiments, we show that, even without incentive or informational effects, small gifts strongly...
Persistent link: https://www.econbiz.de/10013097778
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Legislating Stock Prices
Cohen, Lauren - 2012
In this paper we demonstrate that legislation has a simple, yet previously undetected impact on firm stock prices. While it is understood that the government and firms have an important relationship, it remains difficult to determine which firms any given piece of legislation will affect, and...
Persistent link: https://www.econbiz.de/10013102187