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We show that economic conditions when managers enter the labor market have long-run effects on their career paths and … managerial styles. Managers who began their careers during recessions become CEOs more quickly, but at smaller firms. They also … environment is important to the formation and selection of managers …
Persistent link: https://www.econbiz.de/10013067126
exert a significant influence at every stage of a chief executive officer’s (CEO’s) career. First, at the appointment stage …, selection does not impede the promotion of behavioral managers. Instead, competitive environments oftentimes promote their …
Persistent link: https://www.econbiz.de/10013405095
We study the processes of firm growth in the evolution of the Japanese cotton spinning industry during 1883-1914 by integrating strategy and historical approaches and utilizing rich quantitative firm-level data and detailed business histories. The resultant conceptual model highlights growth...
Persistent link: https://www.econbiz.de/10012916178
that an increase in Academic Progress Rate, as measured by the NCAA, for a college team in either sport significantly …
Persistent link: https://www.econbiz.de/10013224110
the parental gender gap in wages and income. At the same time, working in more family friendly workplaces would not reduce …
Persistent link: https://www.econbiz.de/10012931210
Gender differences in competitiveness are often discussed as a potential explanation for gender differences in … of profile choice as gender. More importantly, up to 23 percent of the gender difference in profile choice can be … attributed to gender differences in competitiveness. This lends support to the extrapolation of laboratory findings on …
Persistent link: https://www.econbiz.de/10013097269
, preferences, prejudice, or systematically biased beliefs about the ability of female managers. Disentangling these theories would … require data on productivity, on the preferences of those who interact with managers, and on perceptions of productivity …
Persistent link: https://www.econbiz.de/10013235310
We propose a model where investors hire fund managers to invest either in risky bonds or in riskless assets. Some … managers have superior information on the default probability. Looking at the past performance, investors update beliefs on … their managers and make firing decisions. This leads to career concerns which affect investment decisions, generating a …
Persistent link: https://www.econbiz.de/10012757530
The best worker is not always the best candidate for manager. In these cases, do firms promote the best potential manager or the best worker in her current job? Using microdata on the performance of sales workers at 214 firms, we find evidence consistent with the “Peter Principle,” which...
Persistent link: https://www.econbiz.de/10012927014
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