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Loss of control vs. risk reduction: decision factors for hiring non-family CFOs in family firms
Lutz, Eva; Schraml, Stephanie; Achleitner, Ann-Kristin - 2010
explore the perceptions of family firm owners towards external managers by analyzing how their family-specific and company … providers. Prior work: Prior research has acknowledged that the attitude to external managers is a major concern for family … independence and control is high. Furthermore, they do not seem to trust external managers to act in accordance to their goal of …
Persistent link: https://www.econbiz.de/10010305711
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Are Forced Turnovers Good or Bad News?
Kind, Axel; Schläpfer, Yves - 2011
To gain insights about the quality of board's firing decisions, we investigate abnormal stock returns and operating performance around CEO-turnover announcements in a new hand- collected sample of 208 “clean” turnover events between January 1998 and June 2009. Unlike the majority of previous...
Persistent link: https://www.econbiz.de/10011390666
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Frauen in Führungspositionen: massiver Nachholbedarf bei großen Unternehmen und Arbeitgeberverbänden
Holst, Elke - In: DIW Wochenbericht 72 (2005) 3, pp. 49-56
Frauen sind in Europa zu einem erheblich geringeren Maße in Führungspositionen tätig als Männer; im europäischen Durchschnitt haben sie nur 10 % der Sitze in den höchsten Entscheidungsgremien der jeweils 50 größten börsennotierten Unternehmen inne. Dabei gibt es von Land zu Land...
Persistent link: https://www.econbiz.de/10011601565
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Managerial Capital and the Market for CEOs
Murphy, Kevin J.; Zabojnik, Jan - 2006
This paper reconciles two pronounced trends in U.S. corporate governance: the increase in pay levels for top executives, and the increasing prevalence of appointing CEOs through external hiring rather than internal promotions. We propose that these trends reflect a shift in the relative...
Persistent link: https://www.econbiz.de/10011940724
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French CEO compensations: what is the cost of a mandatory upper limit?
Llense, Fabienne - 2008
In the middle of the nineties, the sharp increase in globalisation and the last privatization wave have promoted the shaping of a market for executives in France. Characteristics of this market are estimated for France and a competitive model is simulated in order to assess to what extend such a...
Persistent link: https://www.econbiz.de/10010264440
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Der lange Weg zu einer Feedback-Kultur
Ackermann, Karl-Friedrich - In: Personalwirtschaft 34 (2007) 11, pp. 36-38
Die Studie enthält die Ergebnisse der 7. HR-Expertenbefragung mit der Zeitschrift Personalwirtschaft zum Thema „Führungskräftebeurteilung“ und dessen Weiterentwicklung zum 360°-Feedback. Betrachtet und kritisch kommentiert werden der gegenwärtige Verbreitungsgrad und der realisierte...
Persistent link: https://www.econbiz.de/10010305826
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Task Difficulty, Performance Measure Characteristics, and the Trade-Off between Insurance and Well-Allocated Effort
Schnedler, Wendelin - 2006
the performance measure and its similarity (congruity, congruence) to the benefit of the manager’s employer. A necessary …
Persistent link: https://www.econbiz.de/10011422137
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Ergebnisse einer empirischen Analyse zur Vorgehensweise bei der Personalauswahl
Schewe, Gerhard; Lissinna, Anja - 1993
Persistent link: https://www.econbiz.de/10011594601
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Whom will you choose? - Collaborator Selection and Selector’s Self-Prediction
Eberlein, Marion; Przemeck, Judith - 2008
Our experiment investigates managers’ self-predictions of their subsequent performance and, based upon, their choice of … a collaborator. Our results show that managers’ self-predictions are not biased anymore after they are informed about … the performance of a reference group. In spite of this, most managers do not rationally choose a collaborator given their …
Persistent link: https://www.econbiz.de/10010264922
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Task difficulty, performance measure characteristics, and the trade-off between insurance and well-allocated effort
Schnedler, Wendelin - 2006
When designing incentives for a manager, the trade-off between insurance and a good allocation of effort across various tasks is often identified with a trade-off between the responsiveness (sensitivity, precision, signal-noise ratio) of the performance measure and its similarity (congruity,...
Persistent link: https://www.econbiz.de/10010268002