Showing 1 - 10 of 484
Reputational incentives may be a powerful mechanism for improving supplier performance. We analyze their role in contract awarding, exploiting an experiment run by a firm which introduced a new vendor rating system scoring suppliers' past performance and linking it to the award of future...
Persistent link: https://www.econbiz.de/10012455866
This paper tests whether demand shocks affect firm dynamics. We examine whether firms that win government procurement … procurement contracts over the period of 2004 to 2010. Exploiting a quasi-experimental design, we find that winning at least one …
Persistent link: https://www.econbiz.de/10012457448
This paper introduces new nonparametric statistical methods to evaluate zero-cost investment strategies. We focus on directional trading strategies, risk-adjusted returns, and the investor's decisions under uncertainty as the core of our analysis. By relying on classification tools with a long...
Persistent link: https://www.econbiz.de/10012461508
In public sector procurement, social welfare often depends on the time taken to complete the contract. A leading …
Persistent link: https://www.econbiz.de/10012463793
procurement in the public sector are discussed …
Persistent link: https://www.econbiz.de/10012468941
resources on low quality projects at year's end. We test these predictions using data on procurement spending by the U …
Persistent link: https://www.econbiz.de/10012459181
secure persistently superior performance via investments in better management and organization. We empirically analyze the … management is driven by two key organizational trade-offs: employee initiative vs. coordination as well as exploration of novel …
Persistent link: https://www.econbiz.de/10012457820
We examine the effect of performance monitoring in public procurement through the lens of organizational culture in a … buyer's belief is stronger than the manager's belief. We leverage a new e-procurement system in Chile to test these ideas by … randomizing monthly reports on the purchasing performance of buyers and further whether the individual performance reports were …
Persistent link: https://www.econbiz.de/10014486173
We study the impact of government-led incentive systems by examining a staggered reform in the Chinese state-owned enterprise (SOE) performance evaluation policy. To improve capital allocative efficiency, in 2010, regulators switched from using return on equity (ROE) to economic value added...
Persistent link: https://www.econbiz.de/10012938744
We examine the performance of the offshore hedge fund industry over the period 1989 through 1995 using a database that includes defunct as well as currently operating funds. The industry is characterized by high attrition rates of funds and little evidence of differential manager skill. We...
Persistent link: https://www.econbiz.de/10012472919