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, 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
geschlechtsspezifischen Lohndifferential zwischen eigentümer- und managergeführten Betrieben für Deutschland. Wir stellen die Hypothese auf …Using a large linked employer-employee data set for Germany, we investigate differences in the unexplained gender pay … owners are less inhibited to live out profit-reducing discriminatory preferences against women than hired managers. We indeed …
Persistent link: https://www.econbiz.de/10010303637
and 2005 are presentedin the short note below. The main findings of the study are: 1. Female managers are expected to … conform more closely to male stereotypes than are male managers. 2. Higher expectations are set from women and respondents …
Persistent link: https://www.econbiz.de/10010318155
UK executives' stock option exercises and associated sell decisions are motivated by private, inside, information. Executives use their inside information to lock in short-term gains, and to sell stock acquired prior to negative abnormal stock returns. This informed trading is robust to the...
Persistent link: https://www.econbiz.de/10010322777
monitoring incentives of shareholders, and reduced the discretionary power of executives in Germany. Pay-performance sensitivity …
Persistent link: https://www.econbiz.de/10010264840
During the last decade, markets for covered warrants (bank-issued options) have flourished in Europe and Asia. In these markets, investors often face a choice between many instruments that differ only slightly from each other. Based on retail trades in call options on the German DAX index, this...
Persistent link: https://www.econbiz.de/10011605243
There is much discussion about derivatives at central banks. The main focus is on questions about the impact of the growing use of derivative instruments on the stability of the financial markets and the effectiveness ofmonetary policy measures. Irrespective ofthe answers, the information...
Persistent link: https://www.econbiz.de/10010478816
Persistent link: https://www.econbiz.de/10010478817
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