convinced that their manager cares for them. Managers can signal their altruistic feelings towards their employees in two ways … altruistic managers may offer lower wages and nevertheless build up better social-exchange relationships with their employees … than egoistic managers do. In such equilibria, a low wage signals to employees that the manager has something else to offer …

, prejudice, or systematically biased beliefs about the ability of female managers. Disentangling these theories would require … data on productivity, on the preferences of those who interact with managers, and on perceptions of productivity. Financial …

We use data on British football managers and teams over the 1994-2007 period to study substitution and complementarity … equal, managers who themselves played at a higher level raise the productivity of less-skilled teams by more than that of … subordinates the skills needed to succeed, since less skilled players have more to learn. We also find that managers with more …

We show that immigrant managers are substantially more likely to hire immigrants than are native managers. The finding …. Separations are more frequent when workers and managers have dissimilar origin, but only before workers become protected by EPL …. We also find that native managers are unbiased in their recruitments of former co-workers, suggesting that information …

brightest managers to the public sector abound. This paper studies self-selection into managerial positions in the public and … ability is always higher in the private sector. As a result, relatively many of the more able managers self-select into the …

of momentum traders in a sample of 692 fund managers. We find that momentum traders are 'defined' by their short … managers with respect to sophistication. This is consistent with the interpretation that momentum returns may compensate for …