Showing 1 - 10 of 963
We examine team diversity and performance using the asset management industry as a laboratory. Employing political affiliation as a proxy, we find ideologically diverse teams perform better than homogeneous teams. The mechanism involves both improved decision-making due to more diverse...
Persistent link: https://www.econbiz.de/10012845857
More emphasis is put on human capital nowadays and firms are no longer defined only through their physical assets. As the human capital becomes more important, the employees require to be compensated more and the firms need to adopt their compensation contracts to this change in order to...
Persistent link: https://www.econbiz.de/10014134526
Using five empirical methodologies to account for endogeneity issues, this study investigates the effects of board independence and managerial pay on the performance of 169 Saudi listed firms between 2007 and the end of 2014. Studying board independence and managerial pay utilises the main...
Persistent link: https://www.econbiz.de/10013227123
This study examines the determinants of corporate social responsibility (CSR) and its implications on firms' investment policy, organizational strategy and performance. First, we find that firms with better performance, higher R&D intensity, better financial health, and firms in new economy...
Persistent link: https://www.econbiz.de/10013089473
This paper investigates the effect of superstar CEOs on their competitors. Exploiting shocks to CEO status due to prestigious media awards, we document a significant positive stock market performance of competitors of superstar CEOs subsequent to the award. The effect is more pronounced for...
Persistent link: https://www.econbiz.de/10011344197
We model and empirically assess industry tournament incentives for CEOs. The measures we develop for the tournament prize derive from the compensation gap between the CEO at her firm and the highest-paid CEO among similar competing firms. The model predicts that firm performance and risk...
Persistent link: https://www.econbiz.de/10012975384
This essay analyses the relationship between corporate governance practices and Chief Executive Officer (CEO) wages from a sample of Portuguese listed companies over the period from 2002-2011. The relationship between CEO total compensation and shareholders return, firm characteristics, CEO...
Persistent link: https://www.econbiz.de/10013033832
Using a sample of 4,278 listed UK firms, we construct a social network of directorship-interlocks that comprises 31,495 directors. We use social capital theory and techniques developed in social network analysis to measure a director's connectedness and investigate whether this connectedness is...
Persistent link: https://www.econbiz.de/10013095860
The past decades witnessed a broad trend towards flatter organizations with lesshierarchical layers. A reduction of the number of management levels in a corporationcan have both positive and negative effects on firm performance with the neteffect being theoretically unclear ex ante. The present...
Persistent link: https://www.econbiz.de/10008845686
Die Wahl eines geeigneten Kooperationspartners stellt einen bedeutenden Faktor für das Gelingen einer Unternehmenskooperation dar. Trotz der hohen strategischen Wichtigkeit von Kooperationen ist bisher weder abschließend geklärt, nach welchen Kriterien Unternehmen ihre Kooperationspartner...
Persistent link: https://www.econbiz.de/10008873490