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We study the dynamics of managerial influence and Chief Executive Officers' (CEOs) compensation over the course of financial distress during 1992 to 2012. Using a matching estimator to identify suitable controls, we find that under distress firms reduce managerial board appointments, intensify...
Persistent link: https://www.econbiz.de/10013048928
Do some top executives matter more than others? Integrating insights from upper echelons and executive mobility research, we suggest that the functional roles performed by top executives shape their value to the firm. We examine the effects of inter-firm executive mobility on firm survival for...
Persistent link: https://www.econbiz.de/10013050427
This is the first paper to explore which characteristics of Russian fund managers are connected with a higher abnormal … return (measured by Jensen's alpha) and risk (beta) for mutual funds. While only some fund managers publish biographic …
Persistent link: https://www.econbiz.de/10013027163
The present study identified the sources of job stress among marketing executives working in private banking sector of Punjab. A self-administered questionnaire consisting of personal information and items related to respondents' job stress was used to collect the data from 600 marketing...
Persistent link: https://www.econbiz.de/10012985402
We investigate whether managerial risk aversion, as measured by CEO political ideology, affects corporate decisions to undertake earnings management. Using a sample of 10,799 firm-year observations for S&P 1500 firms during the period from 1996 to 2008, we document that Republican CEOs, who tend...
Persistent link: https://www.econbiz.de/10012919341
indicators). Findings – Our results confirm the following hypotheses: 1/ according to HR managers, the more advanced a company is … strategy, HR managers are interested in innovation indicators, while in those following a cost reduction strategy, HR managers … performance in HR managers’ opinion. It also shows that HR managers are conscious that HC measures should be aligned with strategy …
Persistent link: https://www.econbiz.de/10013225607
strategically allocate managerial attention among workers? We formulate a theory that illustrates how different attention allocation … strategies influence workers’ updated beliefs about the manager’s type, and, in turn, employee performance. To test the … stores and more than 10,000 workers in China. In the experiment, managers are given a weekly list of employees with whom they …
Persistent link: https://www.econbiz.de/10013236283
This paper investigates the effects of regulatory interventions on contracting relationships within firms by examining the impacts of the Sarbanes-Oxley Act (SOX) on CEO compensation. Using panel data of the S&P 1500 firms, it quantifies welfare gains from a dynamic principal-agent model of...
Persistent link: https://www.econbiz.de/10013240930
In this research, I examine the presence of favoritism in promotion decisions for executives in large Korean conglomerate firms. More specifically, I test whether a promotion is more likely when an executive has an established (strong) social connection with the current supervisor who has real...
Persistent link: https://www.econbiz.de/10013037730
Executives are increasingly facing various challenges associated with digitalisation, ranging from digitally mapping their existing business processes to fundamentally changing their business models. In this context, however, few studies have investigated which skills and traits executives need...
Persistent link: https://www.econbiz.de/10012152198