I analyze skill's role in active management under general equilibrium with many assets and costly trading. More … management in aggregate then corrects prices more, shrinking the profits those opportunities offer. The latter effect can … dominate in a setting consistent with numerous empirical properties of active management and stock returns …

statistically and economically significant predictor of whether a hospital replaces its management with a new team of for …-profit managers. We also find that hospitals replacing their management subsequently upcode more than a sample of similar hospitals …

management practices and skills in hospitals across nine countries. We find that hospitals that are closer to universities … offering both medical education and business education have higher management quality, more MBA trained managers and lower …

We present a heterogeneous-firm model in which management ability increases both production efficiency and product … quality. Combining six micro-datasets on management practices, production and trade in Chinese and American firms, we find … inputs, and imported inputs from more advanced countries. The structural estimates indicate that management is important for …

/supervisory practices and "tough" management opposition to unionism. - that a high innate propensity for a union victory deters management … management opposition, reflected in diverse forms of behavior, is a key component in the on-going decline in private sector …

work on shareholders and shareholder activism, directors, executives and their compensation, controlling shareholders …