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Persistent link: https://www.econbiz.de/10011695703
We examine the relationship between the employment and compensation of managers and CEOs and the presence of a … monitoring, which requires more managers. The model also assumes rent sharing between workers, managers and the owners of the … firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a …
Persistent link: https://www.econbiz.de/10010262364
, and Malaysian managers. While German students play Nash, we reject the hypothesis that both Malaysian students and … managers select the Nash quantity. Moreover, Malaysian managers perform significantly less competitively than Malaysian …
Persistent link: https://www.econbiz.de/10010298767
experiments, using both students and managers as subjects. Communication is implemented by two different devices, a 'standardized … triopoly. Moreover, managers behave in a similar way under the two communication devices, while students are more influenced by … the free-communication than by the standardized-communication device. In addition, managers select lower aggregate …
Persistent link: https://www.econbiz.de/10010302699
This paper estimates racial differences in the retention probability, pay and performance of NBA coaches over the 1996-2003 period. Using a hazard function approach, I find small and statistically insignificant racial differences in the exit hazard, conditional on team performance, team payroll,...
Persistent link: https://www.econbiz.de/10010261874
Risk-neutral individuals take more risky decisions when they have limited liability. Risk-neutral managers may not when …
Persistent link: https://www.econbiz.de/10010275809
Baker (2002) has demonstrated theoretically that the quality of performance measures used in compensation contracts hinges on two characteristics: noise and distortion. These criteria, though, will only be useful in practice as long as the noise and distortion of a performance measure can be...
Persistent link: https://www.econbiz.de/10010325988
We establish that CEOs of companies experiencing volatile industry conditions are more likely tobe dismissed. At the same time, industry risk is, controlling for various other factors, unlikelyto be directly associated with CEO compensation other than through dismissal risk. Using...
Persistent link: https://www.econbiz.de/10010326426
USA - einzurichten, mit dem Ziel, die ökonomischen und gesellschaftlichen Konsequenzen der Problematik unter Beteiligung …
Persistent link: https://www.econbiz.de/10011601609
Research on functional members of top management teams (TMTs) has increasingly drawn interest to the strategic management field over the past few years. Studies have documented the rise of the chief financial officer (CFO) to pivotal importance and considerable power within the organization. By...
Persistent link: https://www.econbiz.de/10011637458