"The cost of absenteeism in organizational functioning has been widely acknowledged and extensively examined in the management disciplines of organizational behavior, organizational theory and strategy (Cascio & Boudreau, 2011). Yet, its alleged flip side "presenteeeism" (working while sick) has...

This paper examines how labor mobility restrictions such as non-compete clauses in employment contracts affect the incentives and resulting behavior of employees. Using the investment industry as a testing laboratory, we find that mutual fund managers respond to heightened career concerns due to...