Showing 1 - 10 of 634
This paper examines the labor market for mutual fund managers and managers' responses to the implicit incentives … the hypothesis that fund companies are learning about managers' abilities, managerial turnover is more performance …-sensitive for younger fund managers. Interpreting the separation-performance relationship as an incentive scheme, several of our …
Persistent link: https://www.econbiz.de/10012774905
Using a 40-year panel of all public school teachers and principals in New York State, we explore how female principals affect rates of teacher turnover—an important determinant of school quality. We find that male teachers are about 12% more likely to leave their schools when they work under...
Persistent link: https://www.econbiz.de/10012907761
We studied the relation of CEO pay and turnover to performance and characteristics of companies in a new data set that covers large commercial banks over the period 1982-87. For newly hired CEOs, the elasticity of pay with respect to assets is about one-third. As experience increases, the...
Persistent link: https://www.econbiz.de/10012767096
This paper examines executive turnover -- both for management and supervisory boards - - and its relation to firm performance in the largest companies in Germany in the 1980s. The management board turns over slowly -- at a rate of 10% per year -- implying that top executives in Germany have...
Persistent link: https://www.econbiz.de/10013218102
We investigate the hypothesis that complementarities across co-workers (which may arise from matching or investments in specific skills) affect the value of employment relationships between senior executives and firms. We analyze the changes in the composition of top management teams when a key...
Persistent link: https://www.econbiz.de/10013233465
We examine the turnover of top executives in Japanese firms throughout the period from 1990 to 2013. During this time, the presence of a main bank has been weakened, the ownership of institutional investors has dramatically increased, and independent outside directors have been introduced in...
Persistent link: https://www.econbiz.de/10012947654
We use data from the NSF Survey of Earned Doctorates to examine the post-degree location choices of foreign-born students receiving PhDs from US universities in science and engineering. Over the period 1960 to 2008, 77% of foreign-born S&E PhDs state that they plan to stay in the United States....
Persistent link: https://www.econbiz.de/10013087060
We analyze the decisions of foreign-born PhD and postdoctoral trainees to come to the United States vs. go to another country for training. Data are drawn from the GlobSci survey of scientists in sixteen countries working in four fields. We find that individuals come to the U.S. to train because...
Persistent link: https://www.econbiz.de/10013064540
This paper explores the link between mobility and the presence of international research networks. Data come from the GlobSci survey of authors of articles published in 2009 in four fields of science working in sixteen countries. Summary evidence suggests that migration plays an important role...
Persistent link: https://www.econbiz.de/10013064894
Over the past two decades there has been a substantial increase in the mobility of students in Europe, while also research has become much more internationally oriented. In this paper we document changes in the structure of research and higher education in Europe and investigate potential...
Persistent link: https://www.econbiz.de/10013151394