We investigate how the family status of owners, CEO, and top management team (TMT) determine CEO´s perceptions regarding the benevolence of his/her TMT and how in turn these perceptions of benevolence-based trust influence the nature of TMT control and incentive mechanisms. Using a sample of...

(WP 16/03 Clave pdf) Regulated markets and state-owned monopolies characterized the economies of many Southern European territories around the end of the Middle Ages and during the Renaissance. Although this economic form was of considerable importance in implementing public policy at the time,...

The interplay between work and family has received a great deal of attention in the last two decades. We know very little, however, about the organizational factors that enable managers achieve a good balance between their work and family lives. Following Karasek (1979) demands-control model, we...

When a firm offers customized products, variants and options may end up confusing the customer, instead of increasing sales. Recent developments in Information and Communication Technology made available a class of software products, often termed as "product configurators", which appears to...

Este trabajo presenta una doble introducción a la reflexión sobre la viabilidad y concreción de los sistemas de evaluación del desempeño en las administraciones públicas españolas. En un primer bloque de contenidos (apartados 2 a 4) se ofrece una aproximación teórico-conceptual,...

(WP 08/04 Clave pdf) To explore the impact that piracy has on demand for legal versions of a product and firm performance, we use the literatures of information economics and strategic management to expand the analysis of piracy to markets other than software. Our paper helps clarify the nature...

An employee´s attachment to their employer is one of the central topics across the social sciences. We examine an important aspect of attachment, job search, in the context of executive jobs using a unique data set from a prominent executive search firm that identifies whether executives have...

We study empirically the determinants of public tomb prices in a sample of Spanish towns. We document strong evidence in favor that cemeteries act as local monopolies that use second degree price discrimination to maximize profits. Additionally we report that local cemetery prices react to...

Divesting assets owned in emerging markets has substantive consequences for the multinational corporation. We examine two dimensions surrounding the decision to divest a business in an emerging market: institutional effects impacting the timing of the divestiture, and the effects of the...

This paper shows how the uncertainty associated to the absence of a post-Kyoto regime regarding Greenhouse Gas mitigation is affecting investments in mitigation activities in the EU electricity sector and, thus, future emissions levels. Based on a wide survey of EU power companies, the paper...