How portable are top management skills? Should (and do) firms care about firm-manager fit when they hire new managers …? How is fit related to managerial 'style'? We hypothesize that if firms and managers are matched with each other on the …, suggesting that management skills do not necessarily transfer from one firm environment to another. We also find evidence that …

We show that economic conditions when managers enter the labor market have long-run effects on their career paths and … managerial styles. Managers who began their careers during recessions become CEOs more quickly, but at smaller firms. They also … environment is important to the formation and selection of managers …

We show that economic conditions when managers enter the labor market have long-run effects on their career paths and … managerial styles. Managers who began their careers during recessions become CEOs more quickly, but at smaller firms. They also … environment is important to the formation and selection of managers …

unobservable match heterogeneity explains a considerable proportion of the compensation variation. Firms compensate managers for … productivity generated by the efficient match, so we propose a measure of firm-manager match quality based on the match effects in …

banks “follow” managers' job changes and offer loan contracts with preferential terms to their new firms …

as both individual-level and firm-level productivity metrics. We find that human capital exits firms after a negative …-term productivity. They get replaced with lower productivity players. Overall, our results show that in a setting with highly … match between individual-level and firm-level productivity …

We study how ownership structure, in particular public listing status, relates to workplace safety and productivity …, primarily in mines that experience the largest productivity increases. Our results suggest that the tradeoff towards higher … productivity and poorer workplace safety for public firms is concentrated in circumstances when information asymmetry problems …

managers, coupled with bonuses based on their leadership rank among all leaders. Our intervention increased worker productivity …, which can ultimately impede the productivity of the team. To address this problem, we conduct a field experiment at a … by approximately 7%, while leaving team leaders' productivity unchanged, and was profitable for the firm. During the …

higher-ability managers creates firm value. These findings suggest efficient fund transfers to high-productivity managers and …We examine how division managers' human capital affects internal capital allocation using a hand-collected data set of … divisional managers at S&P 1,500 firms. Based on a novel measure of division-manager ability, we show that more able division …