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This study examines the determinants of CEO compensation using data from a nationally representative sample of privately held U.S. corporations. We find that (i) the pay-size elasticity is much larger for privately held firms than for the publicly traded firms on which previous research has...
Persistent link: https://www.econbiz.de/10010283498
result of powerful managers setting their own pay. Others interpret high pay as the result of optimal contracting in a …
Persistent link: https://www.econbiz.de/10010285538
managers in predominantly female occupations are moderated by firm size. Drawing on economic and organizational approaches and …
Persistent link: https://www.econbiz.de/10010286911
mechanics compared with leaders who were principally managers or engineers with degrees. There is a notable association between …
Persistent link: https://www.econbiz.de/10010287664
number of managers reporting directly to the CEO doubled, the growth was driven primarily by functional managers rather than … general managers. Using panel data on senior management positions, we explore the relationship between changes in executive … corporate-wide coordination by functional managers in headquarters. We find that the number of functional managers closer to the …
Persistent link: https://www.econbiz.de/10010287681
The positive relationship between bank CEO compensation and risk taking is a well established empirical fact. The global banking crisis has resulted in a chorus of demands to control banker’s bonuses and thereby curtail their risk taking activities in the hope that the world can avoid a repeat...
Persistent link: https://www.econbiz.de/10010288817
operation and expanded balance sheets. However, the training and practice of risk managers remain second class compared with … two indices are constructed from a survey of risk managers in domestic banks and foreign banks operating in China. The use …
Persistent link: https://www.econbiz.de/10010288845
This article estimates a dynamic reduced-form model of intra-firm promotions using an employer-employee panel of over 300 of the largest corporations in the U.S. in the period from 1981 to 1988. The estimation conditions on unobserved individual heterogeneity and allows for both an endogenous...
Persistent link: https://www.econbiz.de/10010289990
Berle and Means's analysis of the corporation - in particular, their view that those in control are not the owners of the corporation - raises questions about actions that corporations take to counter concerns regarding management's influence. What mechanisms, if any, do corporations implement...
Persistent link: https://www.econbiz.de/10010290449
bonuses under a Management-by-Objectives (MBO) incentive scheme. Six years of personnel data of 177 managers in a German …
Persistent link: https://www.econbiz.de/10010291414