Showing 1 - 10 of 10,591
This study addresses the relationship between incentive compensation and complex outsourcing in somewhat different vein … contracts in place. We extend these findings by testing outsourcing as an alternative choice for a risk-averse manager when … financial indicators into focus to test the association between outsourcing decisions and CEO compensation. Prendergast's (2002 …
Persistent link: https://www.econbiz.de/10013002726
foreign outsourcing, when it comes to the uncertain returns from innovative activity, particularly in the case of drastic …
Persistent link: https://www.econbiz.de/10014050104
Using newly-available materiality classifications of sustainability topics, we develop a novel dataset by hand-mapping sustainability investments classified as material for each industry into firm-specific sustainability ratings. This allows us to present new evidence on the value implications...
Persistent link: https://www.econbiz.de/10011305115
A long-standing ideology in business education has been that a corporation is run for the sole interest of its shareholders. I present an alternative view where increasing concentration of economic activity and power in the world's largest corporations, the Global 1000, has opened the way for...
Persistent link: https://www.econbiz.de/10010371358
Foundational to the discipline of management is the idea that organizational decisions are a function of expected outcomes; hence, the customary empirical approach to employ multivariate techniques that regress performance outcome variables on discrete measures of organizational choices (e.g.,...
Persistent link: https://www.econbiz.de/10010501252
We document the presence of multiple and varied constraints to small and medium firm growth. This presents both a practical problem for business training programs and a challenge to academic economists trying to identify mechanisms though which these programs may affect outcomes. External...
Persistent link: https://www.econbiz.de/10010481053
The primary role of equity compensation is to provide incentives to an effort-averse agent. Here, we show that the chosen level of equity incentives, when publicly disclosed, will also convey information about future earnings, causing two-way linkages between incentive compensation and financial...
Persistent link: https://www.econbiz.de/10013131447
In this article we test the relationship between per capita income differential and exchange rate differential between two different economic background countries. Recent researches have been done on the testing of international Fisher effect, Interest rate, GDP growth rate and purchasing power...
Persistent link: https://www.econbiz.de/10013136531
As U.S. corporations have sought remedies to the ills of the 1980s era of diversification through conglomeration, “restructuring” or “reengineering” has become a management buzzword. Equally significant has been the exponential growth of the extant literature on the subject. The...
Persistent link: https://www.econbiz.de/10013136806
Sharing common inputs across business lines can potentially generate synergy that justifies related diversification. The pursuit of such synergy through diversification is, however, fundamentally driven by the indivisibility of inputs between firms. Following Penrose's insight, I argue that to...
Persistent link: https://www.econbiz.de/10013116335