We provide evidence on the match between …rms, managers, and incentives using anew survey that contains information on managers' risk preferences and human capital,on their compensation schemes, and on the …rms they work for. The data is consistentwith the equilibrium correlations predicted by...

This paper sets out an overarching theoretical framework for explaining andexploring the processes of social exclusion, incorporating themes from theliterature. It proposes that inclusion hinges on participation in socialrelationships enacted through ‘transactional processes’, where...