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Metcalfe, Robert D.; Sollaci, Alexandre B.; Syverson, Chad - National Bureau of Economic Research - 2023

Across many sectors, research has established that management explains a notable portion of productivity differences … across organizations. A remaining question, however, is whether it is managers themselves or firm-wide management practices … this setting, managers move between stores but management practices are set by firm policy and largely fixed, allowing us …

Persistent link: https://www.econbiz.de/10014250209

Social Progress and Corporate Culture

Gorton, Gary B. - 2019

Social progress through improved treatment of minority groups (the embrace of anti-racist and anti-sexist norms, for example) may or may not spread to corporate cultures through competition. Sometimes the market fails to adapt on its own and government must pass legislation to secure changes in...

Persistent link: https://www.econbiz.de/10012479440

Hall of Mirrors : Corporate Philanthropy and Strategic Advocacy

Bertrand, Marianne - 2018

Politicians and regulators rely on feedback from the public when setting policies. For-profit corporations and non-pro t entities are active in this process and are arguably expected to provide independent viewpoints. Policymakers (and the public at large), however, may be unaware of the...

Persistent link: https://www.econbiz.de/10012480980

Corporate Culture as a Theory of the Firm

Gorton, Gary B. - 2020

Markets and firms offer contrasting methods to arrange production. In markets, contracts govern the purchase of parts and services that compose production. In firms, the shared values, customs, and norms coming from a corporate culture govern employees' joint development of those parts and...

Persistent link: https://www.econbiz.de/10012481548

Corporate Culture

Gorton, Gary; Grennan, Jill; Zentefis, Alexander K. - National Bureau of Economic Research - 2021

Corporate culture is an omnibus term that includes many elements like norms, values, knowledge, and customs that are relevant to a firm. Economists have made great progress recently in devising methods of measuring different aspects of corporate culture. These empirical measures of culture have...

Persistent link: https://www.econbiz.de/10012660000

Shared Capitalism in the U.S. Economy? Prevalence, Characteristics, and Employee Views of Financial Participation in Enterprises

Kruse, Douglas L. - 2008

Between one-third and one-half of employees participate directly in company performance through profit sharing, gainsharing, employee ownership, or stock options. This flies in the face of concerns about the free rider problem and worker risk aversion in group incentives, and raises many...

Persistent link: https://www.econbiz.de/10012464414

Who Blows the Whistle on Corporate Fraud?

Dyck, Alexander - 2007

What external control mechanisms are most effective in detecting corporate fraud? To address this question we study in depth all reported cases of corporate fraud in companies with more than 750 million dollars in assets between 1996 and 2004. We find that fraud detection does not rely on one...

Persistent link: https://www.econbiz.de/10012465774

Representation is Not Sufficient for Selecting Gender Diversity

Baron, Justus A.; Ganglmair, Bernhard; Persico, Nicola; … - National Bureau of Economic Research - 2021

Representation of women and minorities in a "selectorate"--the group that chooses an organization's leaders--is a key mechanism for promoting diversity. We show that representation, on its own, is not sufficient for selecting gender diversity: a supportive organizational culture is also...

Persistent link: https://www.econbiz.de/10012510528

Corporate Culture, Societal Culture, and Institutions

Guiso, Luigi - 2015

While both cultural and legal norms (institutions) help foster cooperation, culture is the more primitive of the two and itself sustains formal institutions. Cultural changes are rarer and slower than changes in legal institutions, which makes it difficult to identify the role played by culture....

Persistent link: https://www.econbiz.de/10012457699

Executives' "Off-The-Job" Behavior, Corporate Culture, and Financial Reporting Risk

Davidson, Robert - 2012

We examine how executives' behavior outside the workplace, as measured by their ownership of luxury goods (low "frugality") and prior legal infractions, is related to financial reporting risk. We predict and find that CEOs and CFOs with a legal record are more likely to perpetrate fraud. In...

Persistent link: https://www.econbiz.de/10012460658

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