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Educational Mismatch and Promotions to Managerial Positions : A Test of the Career Mobility Theory

Grunau, Philipp - 2018

Career mobility theory suggests that given a certain occupation, schooling improves upward mobility in terms of promotion and wage growth. We are the first to test the implications of this theory for over- and under-education by means of direct information about promotions to managerial...

Persistent link: https://www.econbiz.de/10012929528

The Promotion Dynamics of American Executives

Belzil, Christian; Bognanno, Michael Leonard - 2021

We formulate an empirical model of promotion with dynamic self-selection where the current promotion probability depends on the hierarchical level in the firm, individual human capital, unobserved (to the econometrician) individual specific attributes, time varying firm specific variables (firm...

Persistent link: https://www.econbiz.de/10013319515

The careers of top managers and firm openness : internal versus external labour markets

Lima, Francisco; Centeno, Mário - 2003

Persistent link: https://www.econbiz.de/10001827384

Wage structure and the incentive effect of promotions

Herpen, Marco van; Cools, Cornelis; Praag, Mirjam van - 2004

This paper studies wage structure characteristics and their incentive effects within one firm. Based on personnel records and an employee survey, we provide evidence that wages are attached to jobs and that promotions play a dominant role as a wage determinant. We furthermore show that a...

Persistent link: https://www.econbiz.de/10011337995

Overeducation, Wages and Promotions within the Firm

Groeneveld, Sandra; Hartog, Joop - 2021

We analyse data from personnel records of a large firm producing energy and telecommunication and test for the effect of deviations between required and attained education of workers. Required education is measured as hiring standards set by the firm. We find the usual effects of over- and...

Persistent link: https://www.econbiz.de/10013319744

Setting incentives : temporary performance premiums versus promotion tournaments

Meier, Volker - 2001

Two alternative relative compensation schemes are compared with respect to total output that can be generated at a given sum of salaries. While the promotion regime guarantees that any salary increase is permanent, the premium system allows a reduction in the income of an agent to the base...

Persistent link: https://www.econbiz.de/10011398044

The managerial labor market and gender gaps in beliefs about own ability

Eriksson, Tor; Smith, Nina - 2025

share of female managers has changed only slowly and continues to be low. This paper adds new evidence to the study of the … abilities collected from survey of a large sample of Danish managers. We develop measures for gender stereotype attitudes and … each other and differ by gender. We find that especially female C-level managers differ substantially from managers at …

Persistent link: https://www.econbiz.de/10015407717

Executive Pay and Firm Size in the Presence of Career Concerns and Labor Market Competition

Sung, Jaeyoung - 2010

larger firms. Due to the cost of compensating managers for risk, pay-performance sensitivity optimally declines with size …

Persistent link: https://www.econbiz.de/10013146732

Executive labor market frictions, corporate bankruptcy and CEO careers

Grindaker, Morten; Kostøl, Andreas R.; Roszbach, Kasper - 2021 - This version: December 16, 2021

CEOs of large firms filing for bankruptcy are more likely to exit the executive labor market after bankruptcy and experience substantial compensation losses (Eckbo et al., 2016). While the fear of reputational scarring can lead to lower risk-taking and manifest itself as lower rates of...

Persistent link: https://www.econbiz.de/10012795574

Executive Labor Market Frictions, Corporate Bankruptcy and CEO Careers

Grindaker, Morten; Kostøl, Andreas R.; Roszbach, Kasper - 2022

Persistent link: https://www.econbiz.de/10013310476