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Severance pay programs around the world : history, rationale, status, and reforms

Holzmann, Robert; Pouget, Yann; Vodopivec, Milan; … - 2011

The paper examines severance pay programs around the world by providing the first ever overview of existing programs …

Persistent link: https://www.econbiz.de/10009307502

Ceo investment cycles

Pan, Yihui; Wang, Tracy Yue; Weisbach, Michael S. - 2013

Persistent link: https://www.econbiz.de/10010126685

CEO investment cycles

Pan, Yihui; Wang, Tracy Yue; Weisbach, Michael S. - 2013

This paper documents the existence of a CEO Investment Cycle, in which disinvestment decreases over CEO tenure while investment increases, leading to “cyclical” firm growth in assets as well as in employment. The estimated variation in investment rate over the CEO cycle is of the same order...

Persistent link: https://www.econbiz.de/10009782415

Are older workers overpaid? : a literature review

Hek, Paul A. de; Vuuren, Danie͏̈l J. van - In: International tax and public finance 18 (2011) 4, pp. 436-460

Persistent link: https://www.econbiz.de/10009271649

CEO Investment Cycles

Pan, Yihui - 2013

This paper documents the existence of a CEO Investment Cycle, in which firms disinvest early in a CEO's tenure and increase investment subsequently, leading to "cyclical" firm growth in assets as well as in employment over CEO tenure. The CEO investment cycle occurs for both firings and...

Persistent link: https://www.econbiz.de/10013077654