Corporate managers who own a majority of the common stock in their company or who represent another firm owning such an … interest appear to be less constrained than managers of diffusely held firms, yet their power to harm minority shareholders …. Finally, there is little evidence that new organizational mechanisms have evolved to constrain managers who own large blocks …

actively managed funds has attracted a great deal of attention in the past, the performance of managers with long track records … has attracted relatively little. In this paper we focus on managers with track records of at least ten years, that is …, managers that have been the sole manager of a fund for at least a decade. We find that the average, net of fee, risk …

We study the impact of managers on the success of professional soccer teams using data from the German "Bundesliga". We … evaluate the performance impact of individual managers by estimating regression models that include both team and manager fixed … effects, where we are exploiting the high turnover of managers between teams to disentangle the managers' contributions. We …

We examine the impact of management practices on firm performance among SMEs in Britain over the period 2011 …-2014, using a unique dataset which links survey data on management practices with firm performance data from the UK's official … business register. We find that SMEs are less likely to use formal management practices than larger firms, but that such …

that both overconfident owner-managers and professional managers who have myopic preferences can enhance firm value (up to … a point) by increasing investment. This value-enhancing role of overconfidence is more evident for professional managers … than for owner-managers. The results from simulation and empirical analyses support the model's predictions. Thus, while …