Showing 1 - 10 of 909
We analyze a new management survey for around 1,000 firms and 10,000 employees across two large provinces in China. The … unique aspect of this survey is it collected management data from the CEO, a random sample of senior managers and workers. We … poorly managed firms. This distribution of management scores is similar for CEOs, senior managers and workers management, and …
Persistent link: https://www.econbiz.de/10011895781
Using a randomized experiment with an automobile manufacturing firm in China, we measure the effects of letting workers … evaluate their managers on worker and firm outcomes. In the treatment teams, workers evaluate their supervisors monthly. We … driven by changes in the behavior of managers and an overall better relationship between managers and workers …
Persistent link: https://www.econbiz.de/10012481228
Unlike performance incentives for private sector managers, little is known about performance incentives for managers in … public sector bureaucracies. Through a randomized trial in rural China, we study performance incentives rewarding school …
Persistent link: https://www.econbiz.de/10012457365
What makes independent directors perform their monitoring duty? One possible reason is that they are worried about being sanctioned by regulators if they do not monitor sufficiently well. Using unique features of the Chinese financial market, we estimate the extent to which independent...
Persistent link: https://www.econbiz.de/10012585458
We study the (lack of) anchoring of inflation expectations in New Zealand using a new survey of firms. Managers of … Reserve Bank of New Zealand, a fact which we document along a number of dimensions. Managers are unaware of the identities of …
Persistent link: https://www.econbiz.de/10012061904
Persistent link: https://www.econbiz.de/10004359318
Adequate wages are an important tool to shield public officials from special interests and corruption. But what is the equilibrium effect of higher wages in the presence of criminal pressure groups, who use both bribes and violence? By means of a regression discontinuity design, we show that an...
Persistent link: https://www.econbiz.de/10014337819
While female CEOs are under-represented, the barriers they face in the business environment remain poorly understood. This study investigates the influence of gender bias in forming CEOs' business networks. Using transaction data of 1 million Japanese firms, we find that CEOs of the same gender...
Persistent link: https://www.econbiz.de/10014337848
Traditionally, fund managers cast votes on behalf of investors whose capital they manage. Recently, this system has … come under intense debate given the growing concentration of voting power among a few asset managers and disagreements over … environmental and social issues. Major fund managers now offer their investors a choice: delegate their votes to the fund or cast …
Persistent link: https://www.econbiz.de/10014337868
Economics has long studied how consumers respond to the disclosure of information about firms. We study a case in which the disclosed information is unrelated to the product or firm leadership, but which could still potentially affect consumer patronage through the mechanism of repugnance, as...
Persistent link: https://www.econbiz.de/10014421207