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Intermediated Asymmetric Information, Compensation, and Career Prospects
Kaniel, Ron - 2020
professions where talent is essential, and performance is publicly observable, such as asset management, legal partnerships, and …
Persistent link: https://www.econbiz.de/10012842301
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Losers of Executive Promotion Tournaments : Their Incentives, Turnover, and Career Outcomes
Chan, Eric W. - 2019
quality managers are weeded out by the firm, and 2) high quality managers leave because firms are unable to adjust their … similar, but less dramatic, changes in their management team than firms that use a single CEO tournament …
Persistent link: https://www.econbiz.de/10012864757
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Educational Mismatch and Promotions to Managerial Positions : A Test of the Career Mobility Theory
Grunau, Philipp - 2018
Career mobility theory suggests that given a certain occupation, schooling improves upward mobility in terms of promotion and wage growth. We are the first to test the implications of this theory for over- and under-education by means of direct information about promotions to managerial...
Persistent link: https://www.econbiz.de/10012929528
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Career Concerns and Pay-for-Performance Contracts
Chondrogianni, Anthi - 2023
The current paper studies a multiple agent setting with career concerns and pay for performance contracts. In the two-period model, an Investor finances and offers a share of the profits to the Venture Capitalist. The Venture Capitalist, who faces career concerns, decides on the risk type of the...
Persistent link: https://www.econbiz.de/10014348940
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Evidence on Training and Career Paths : Human Capital, Information and Incentives
Melero, Eduardo - 2021
In this paper, I analyse the relationship between job-related training and career progress of workers. Most theories of career paths and task assignment rely on human capital accumulation. Therefore, it seems natural to start assessing the empirical validity of such theories by analysing the...
Persistent link: https://www.econbiz.de/10013318940
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Repeated Matching, Career Concerns, and Firm Size Distributions
Kim, Eunhee - 2019
We propose a two-period matching model of firms and managers to argue that managerial career concerns may not guarantee … assortative matching in the market for reputation. In the model, firms compete for managerial talent, and managers are concerned … about their reputations. The market updates managers' reputations whenever their performance is available, which leads to …
Persistent link: https://www.econbiz.de/10012901814
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Delegation, promotion, and manager selection
Häusinger, Benjamin - 2019
management position. However, if non-contractible managerial decision rights give rise to private benefits and preference … misalignment between managers and the firm, these two purposes are in conflict. This is because the worker with the largest private …: employees that create lower expected profits as managers have yet better promotion prospects. That finding still holds when the …
Persistent link: https://www.econbiz.de/10012138859
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Managementbildung : Grundlagen und Perspektiven
Wagner, Dieter (ed.); Nolte-Ebert, Heike (contributor) - 1996
Persistent link: https://www.econbiz.de/10000573172
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The unholy alliance of business and science
Buchholz, Rogene A.; Rosenthal, Sandra B. - In: Journal of business ethics : JOBE 78 (2008) 1/2, pp. 199-206
Persistent link: https://www.econbiz.de/10003676049
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Career Spillovers in Internal Labor Markets
Bianchi, Nicola; Bovini, Giulia; Li, Jin; Paradisi, Matteo - 2021
This paper studies career spillovers across workers, which arise in firms with limited promotion opportunities. We exploit a 2011 Italian pension reform that unexpectedly tightened eligibility criteria for the public pension, leading to sudden, substantial, and heterogeneous retirement delays....
Persistent link: https://www.econbiz.de/10013240682