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survey data from 300 Ukrainian firms. The main findings are: 1) ownership and competition are linked to managerial change: de … their own but together positively affect profitability. 3) Similarly tough competition improves profitability and … productivity in privatised firms only. 4) These findings suggest that privatisation, competition and managerial change are …
Persistent link: https://www.econbiz.de/10009755918
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firms form matches based on multiple characteristics. The model also has new predictions about replacement managers …
Persistent link: https://www.econbiz.de/10013069958
We examine the effect of competition shocks induced by major industry-level tariff cuts on forced CEO turnover. Both …
Persistent link: https://www.econbiz.de/10013005725
ownership and supervisory board size, we do find significant entrenchments effects associated with ownership by managers …. Overall, our analysis suggests that corporate governance in Ukraine operates with a certain degree of efficiency, despite the … ; transition ; Ukraine …
Persistent link: https://www.econbiz.de/10003894422
Persistent link: https://www.econbiz.de/10003815560
ownership and supervisory board size, we do find significant entrenchments effects associated with ownership by managers …. Overall, our analysis suggests that corporate governance in Ukraine operates with a certain degree of efficiency, despite the …
Persistent link: https://www.econbiz.de/10013156404
indicator for effective monitoring, the findings reveal that outside directors and product market competition are substitutes …. Outsiders increase the performance-turnover sensitivity of executives exclusively if competition in the industry is relatively … weak. In an environment with effective competition, outsiders do not significantly influence the decision to replace …
Persistent link: https://www.econbiz.de/10010478009
Persistent link: https://www.econbiz.de/10011700004
Better managers and managerial practices lead to better firm performance. Yet, little is known about what happens when … managers move across firms. Does a firm hiring a good manager improve its performance? If yes is there some valuable knowledge …-invariant ability of the manager as well as overall firm performance. We find that the export experience gained by managers in previous …
Persistent link: https://www.econbiz.de/10011580556