Owan, Hideo; Takahashi, Shingo; Tsuru, Tsuyoshi; … - Institute of Economic Research, Hitotsubashi University - 2014
Using the personnel and transaction data from a large auto dealership in Japan, this paper discusses the value, incentives, assignments, determinants of performance, and learning of managers. We find that: (1) moving one standard deviation up the distribution of manager fixed effects raises a...