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counterparts. In China's unique institutional context, the reputation mechanism for independent directors applies to firms in …, using data from China. Firms with such directors, measured as the number of directorships in other listed firms, have higher … monitoring roles and compensate for weak institutions and governance in China. …
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It is difficult to test the prediction that future career prospects create implicit effort incentives because researchers cannot randomly “assign” career prospects to economic agents. To overcome this challenge, we use data from professional soccer, where employees of the same club face...
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It is difficult to test the prediction that future career prospects create implicit effort incentives because researchers cannot randomly “assign” career prospects to economic agents. To overcome this challenge, we use data from professional soccer, where employees of the same club face...
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