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A signalling model is developed to investigate the consequences of corporate income taxation in the presence of adverse … corporate income tax affects signalling costs as well as the profitability of projects. Numerical experiments with exponential …
Persistent link: https://www.econbiz.de/10005572285
which has been dominated by human capital theory and signalling theory. Human capital theory contends that HE contributes by … adding to the potential productivity of graduate employees. Signalling theory, asserts that HE contributes by enabling … paper resolves the choice between human capital and signalling theories as a false dichotomy as HE both develops students …
Persistent link: https://www.econbiz.de/10014807150
This article analyzes under which conditions a manager can motivate a junior worker by verbal communication, and explains why communication is often tied up with organizational choices as job enlargement and collaboration. Our model has two important features. First, the manager has more...
Persistent link: https://www.econbiz.de/10011257452
Politicians differ in their ability to implement some policy. In an election, candidates make commitments regarding the plans they will try to implement if elected. These serve as a signal of true ability. In equilibrium, candidates make overambitious promises. The candidate with the highest...
Persistent link: https://www.econbiz.de/10011257472
This paper develops a signaling theory where brain drain as well as the opposite of brain drain, a phenomenon we call “lame-drain” can result. In particular, we assume there are three types of agents according to their intrinsic abilities; education (with endogenous intensity) consists of...
Persistent link: https://www.econbiz.de/10011257749
Good understanding on the human capital externalities is important for both policy makers and social science researchers. Economists have speculated for at least a century that the social returns to education may exceed the private returns. In this paper, using the longitudinal data from China...
Persistent link: https://www.econbiz.de/10010568481
Purpose – This paper seeks to examine experimentally the effects of stipulations in an organization's workplace romance policy and procedures on individuals' perceptions of fairness, workplace fun, person‐organization (P‐O) fit, organizational attraction, and intent to pursue employment in...
Persistent link: https://www.econbiz.de/10014888217
Persistent link: https://www.econbiz.de/10014448726
Purpose – During the height of the financial/credit crisis of 2008, the US Internal Revenue Service issued temporary guidance that permits REITs (real estate investment trusts) to retain cash and pay “effective stock dividends” through 2009 to meet their income distribution requirement....
Persistent link: https://www.econbiz.de/10014898349
Examines the alternatives available for the Champagne producers and marketers to overcome the serious consequences the present recession has brought upon them. Recommendations are made to formulate and develop a strategic basis for turning the tide by means of linking the ethical and quality...
Persistent link: https://www.econbiz.de/10014815444