The working environment is a key driver of firms’ success. Using unique survey and register data from Denmark, we show that firms led by neighborhood CEOs – defined by physical distance and personal values - exhibit better workplace conditions as perceived both by a regulatory authority and...

Contemporary career research assumes more flexible career patterns implying increased job mobility. However, there is growing doubt that the proclaimed change is as drastic as has been suggested. We provide empirical evidence on career expectations in Germany between 1999 and 2009, arguing that...

Die Etiketten brain drain bzw. Mobilität von Hochqualifizierten markieren scheinbar ähnliche Prozesse: thematisiert wird die internationale Wanderung von Arbeitskräften im primären Segment des Arbeitsmarktes. Gemeinsam ist auch, daß die Debatten über diesen Migrationstypus jeweils im...

We investigate whether outside board memberships of CEOs signal expertise or entrenchment. The analysis is based on panel data of the largest German companies covering the period from 1996 to 2008. Supporting the entrenchment hypothesis, our analysis reveals that firms having a CEO with one or...

The quality of public management is a recurrent concern in many countries. Calls to attract the economy's best and brightest managers to the public sector abound. This paper studies self-selection into managerial and non-managerial positions in the public and private sector, using a model of a...

This article examines the influence of CEO changes in large German companies manifested in their financial statements during three defined phases of the turnover process. It is shown that the conflicting results in previous research might have stemmed from not differing among turnover reasons....