"Compensation, status, and press coverage of managers in the U.S. follow a highly skewed distribution: a small number … board seats or writing books. The incidence of earnings management increases after winning awards. The effects are strongest … governance. Our results suggest that the ex-post consequences of media-induced superstar status for shareholders are negative …

Compensation, status, and press coverage of managers in the U.S. follow a highly skewed distribution: a small number of … books. The incidence of earnings management increases after winning awards. The effects are strongest in firms with weak … that the ex-post consequences of media-induced superstar status for shareholders are negative …

responds more to increases in shareholders' return performance than to decreases. Further, this asymmetry is stronger when …

stage, selection does not impede the promotion of behavioral managers. Instead, competitive environments oftentimes promote …