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Establishment Panel from the Institute for Employment Research. The major results are: productivity and investments are positively …
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business environment, demonstrating that investments in human resources are crucial to the success of all businesses …
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We examine how CEOs' impact on firm value varies over time. We document a hump-shaped relation between CEO tenure and firm value which is subject to meaningful variation depending on industry dynamics, the business cycle, and CEOs' adaptability to changes. Semi-parametric estimations, stock...
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negligible effects on gross investments, and negative, but not statistically significant, effects on labor productivity. …
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