Narrow search
Showing 1 - 10 of 1,854
Cover Image
Characteristics of Tqm : Evidence from the Rit/Usa Today Quality Cup Competition
Rosett, Joshua G.; Rosett, Richard N. - 2022
and finalists of the RIT/USA Today Quality Cup. The authors interviewed 75 employees (5 per firm) including 14 executives …, 44 middle managers, and 17 front line workers. The interviews elicited information on the motives for adopting TQM, the …
Persistent link: https://www.econbiz.de/10013324072
Cover Image
Making the Numbers? "Short Termism" & the Puzzle of Only Occasional Disaster
Repenning, Nelson - 2010
Much recent work in strategy and popular discussion suggests that an excessive focus on "managing the numbers" --delivering quarterly earnings at the expense of longer term investments--makes it difficult for firms to make the investments necessary to build competitive advantage. "Short termism"...
Persistent link: https://www.econbiz.de/10013138087
Cover Image
Nowcasting and Placecasting Entrepreneurial Quality and Performance
Guzman, Jorge - 2015
A central challenge in the measurement of entrepreneurship is accounting for the wide variation in entrepreneurial quality across firms. This paper develops a new approach for estimating entrepreneurial quality by linking the probability of a growth outcome (e.g., achieving an IPO or a...
Persistent link: https://www.econbiz.de/10013028060
Cover Image
Management Ownership and Corporate Performance : an Empirical Analysis
Morck, Randall; Shleifer, Andrei; Vishny, Robert W. - 2021
We investigate the relation between management ownership and corporate performance, as measured by Tobin's Q. In a cross-section of Fortune 500 firms, Tobin's Q first increases and then declines as board of directors holdings rise. For older firms there is weak evidence that Q is lower when a...
Persistent link: https://www.econbiz.de/10013247279
Cover Image
Executives' "Off-the-Job" Behavior, Corporate Culture, and Financial Reporting Risk
Davidson, Robert H. - 2012
We examine how executives' behavior outside the workplace, as measured by their ownership of luxury goods (low "frugality") and prior legal infractions, is related to financial reporting risk. We predict and find that CEOs and CFOs with a legal record are more likely to perpetrate fraud. In...
Persistent link: https://www.econbiz.de/10013107519
Cover Image
Seeking Alpha : Excess Risk Taking and Competition for Managerial Talent
Acharya, Viral V. - 2013
We present a model in which managers are risk-averse and firms compete for scarce managerial talent ("alpha"). When … managers are not mobile across firms, firms provide efficient compensation, which allows for learning about managerial talent … and for insurance of low-quality managers. When instead managers can move across firms, firms cannot offer co …
Persistent link: https://www.econbiz.de/10013085052
Cover Image
Lack of Selection and Limits to Delegation : Firm Dynamics in Developing Countries
Akcigit, Ufuk - 2016
Managerial delegation is essential for firm growth. While firms in poor countries often shun outside managers and … with the experimental micro evidence on managerial efficiency and firm growth reported in Bloom et al. (2013). Our … quantitative analysis shows that the low efficiency of delegation in India can account for 5% of productivity and 15% of income …
Persistent link: https://www.econbiz.de/10013000531
Cover Image
The Dark Side of Outside Directors : Do They Quit When They are Most Needed?
Fahlenbrach, Rüdiger - 2015
Outside directors have incentives to resign to protect their reputation or to avoid an increase in their workload when they anticipate that the firm on whose board they sit will perform poorly or disclose adverse news. We call these incentives the dark side of outside directors. We find strong...
Persistent link: https://www.econbiz.de/10013038902
Cover Image
Managerial Overconfidence and Corporate Policies
Ben-David, Itzhak - 2008
Using a unique 10-year panel that includes more than 13,300 expected stock market return probability distributions, we find that executives are severely miscalibrated, producing distributions that are too narrow: realized market returns are within the executives' 80% confidence intervals only...
Persistent link: https://www.econbiz.de/10012773122
Cover Image
CEO Centrality
Bebchuk, Lucian A. - 2008
We investigate the relationship between CEO centrality -- the relative importance of the CEO within the top executive team in terms of ability, contribution, or power -- and the value and behavior of public firms. Our proxy for CEO centrality is the fraction of the top-five compensation captured...
Persistent link: https://www.econbiz.de/10012773127