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Persistent link: https://www.econbiz.de/10008656147
There is widespread concern about whether Chief Executive Officers (CEOs) are appropriately punished for poor performance. While CEOs are more likely to be forced out if their performance is poor relative to the industry average, overall industry performance also matters. This seems puzzling if...
Persistent link: https://www.econbiz.de/10013069958
This paper develops a model of equilibrium unemployment with (unobservable) endogenous on-the-job search and (partly unobservable) endogenous search behavior by firms. The model allows to analyze crowding-out of unemployed job seekers by endogenous on-the job search of employees, and the...
Persistent link: https://www.econbiz.de/10011412007
We examine the effect of protection of proprietary information on forced CEO turnover decisions. Relying on changes in the enforceability of the covenant-not-to-compete, we show that strengthening the protection of proprietary information increases the likelihood of forced CEO turnover and the...
Persistent link: https://www.econbiz.de/10012851176
growth and average productivity growth. Model simulations allow us study the role of dynamic interactions among agents …
Persistent link: https://www.econbiz.de/10001690372
on productivity, using a large panel of around 6200 firms. The findings of the theoretical literature on this topic are … consortia increases productivity. …
Persistent link: https://www.econbiz.de/10011545714
, the productivity effects of worker replacement in young firms. Worker replacement isolates labor turnover due to employee … replacement as a separate category of turnover and has been shown to positively affect the productivity of established firms in … effects on young firms' productivity that remain even when controlling for moderating factors. These effects are even more …
Persistent link: https://www.econbiz.de/10011606997
Persistent link: https://www.econbiz.de/10008697481
decreasing productivity differences, while limited mobility to sustaining higher differences. The effect of co-worker networks … reflects key empirical observations on labor markets. We analyze the impact of network information provided about potential … network information is available. …
Persistent link: https://www.econbiz.de/10012623746