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A Corporate Beauty Contest
Graham, John R. - 2010
that executive compensation is linked to these perceived "competence" ratings. Our analysis explores these findings in more …-facedness" of the CEO. That is, more mature looking CEOs are assigned higher "competence" scores. This finding is potentially …. Essentially, the "look" of competence says very little about effective competence …
Persistent link: https://www.econbiz.de/10012462745
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The Efficacy of Parochial Politics : Caste, Commitment, and Competence in Indian Local Governments
Munshi, Kaivan - 2008
with superior observed characteristics and with greater public good provision. This improvement in leadership competence …
Persistent link: https://www.econbiz.de/10012464313
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Hierarchies, Specialization, and the Utilization of Knowledge : Theory and Evidence from the Legal Services Industry
Garicano, Luis - 2004
What role do hierarchies play with respect to the organization of production and what determines their structure? We develop an equilibrium model of hierarchical organization, then provide empirical evidence using confidential data on thousands of law offices from the 1992 Census of Services....
Persistent link: https://www.econbiz.de/10012468261
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Bad Politicians
Caselli, Francesco - 2001
We present a simple theory of the quality (competence and honesty) of elected officials. Our theory offers four main … than those of high-quality citizens (competence), and/or because they reap higher returns from holding office (honesty …
Persistent link: https://www.econbiz.de/10012470186
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Why Did Putin Invade Ukraine? A Theory of Degenerate Autocracy
Egorov, Georgij V.; Sonin, Konstantin - National Bureau of Economic Research - 2023
incumbent; with higher stakes, the incumbent puts more emphasis on loyalty than competence. Our theory sheds light on the …
Persistent link: https://www.econbiz.de/10014250204
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The Next Wave of Energy Innovation : Which Technologies? Which Skills?
Popp, David; Vona, Francesco; Gregoire-Zawilski, Myriam; … - National Bureau of Economic Research - 2022
The costs of low-carbon energy fell dramatically over the past decade, leading to rapid growth in its deployment. However, many challenges remain to deploy low-carbon energy at a scale necessary to meet net zero carbon emission targets. If net zero goals are to be met, developing complementary...
Persistent link: https://www.econbiz.de/10013361997
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Learning and Forgetting : The Dynamics of Aircraft Production
Benkard, C. Lanier - 1999
This paper introduces a new cost dataset for a commercial aircraft firm and uses this data to analyze the dynamics of learning in commercial aircraft production. This dataset is found to be inconsistent with the simple learning hypothesis, and particularly the prediction that a firm's unit cost...
Persistent link: https://www.econbiz.de/10012471667
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Learning by Viewing? Social Learning, Regulatory Disclosure, and Firm Productivity in Shale Gas
Fetter, T. Robert - 2018
In many industries firms can learn about new technologies from other adopters; mandatory disclosure regulations represent an understudied channel for this type of social learning. We study an environmentally-focused law in the shale gas industry to examine firms' claims that disclosure...
Persistent link: https://www.econbiz.de/10012481048
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A Note on Detecting Learning by Exporting
De Loecker, Jan - 2010
Learning by exporting refers to the mechanism whereby firms improve their performance (productivity) after entering export markets. Although this mechanism is often mentioned in policy documents, a significant share of econometric studies has not found evidence for this hypothesis. This paper...
Persistent link: https://www.econbiz.de/10012462109
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Learning and the Disappearing Association Between Governance and Returns
Bebchuk, Lucian A. - 2010
In an important and influential work, Gompers, Ishii, and Metrick (2003) show that a trading strategy based on an index of 24 governance provisions (G-Index) would have earned abnormal returns during the 1991-1999 period, and this intriguing finding has attracted much attention ever since it was...
Persistent link: https://www.econbiz.de/10012462740