the World Management Survey, a methodology that enables us to construct robust measures of management quality comparable …

administrative data on secondary Italian students to the management scores of their school principals in 2011 and 2015 based on the … World Management Survey methodology. The frequent turnover of school principals over this period allows us to causally … interpret school-fixed-effect estimates. We find that management quality positively and substantially impacts standardized math …

the World Management Survey, a methodology that enables us to construct robust measures of management quality comparable …

administrative data on secondary Italian students to the management scores of their school principals in 2011 and 2015 based on the … World Management Survey methodology. The frequent turnover of school principals over this period allows us to causally … interpret school-fixed-effect estimates. We find that management quality positively and substantially impacts standardized math …

We examine the puzzling negative relation between financial distress risk and the cross-section of expected returns. We … most recent distress risk shocks to which investors initially underreact, causing temporary overpricing of distressed … stocks. In the long run, the relation between distress risk and returns reflects the positive risk premium as distress risk …