We formulate an empirical model of promotion with dynamic self-selection where the current promotion probability … specific attributes, time varying firm specific variables (firm size and profits) as well as endogenous past promotion … histories. We examine the causal effect of previous promotion histories (as measured by realized speed of promotion) on future …

heterogeneity in demonstrating the relative importance of variables that influence promotion. The role of the executive's functional … area in promotion is considered along with the existence and source of promotion fast tracks. We find that while the …, resulting in promotion probabilities that differ by functional area for executives at the same reporting level and firm. No …