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Managerial Ability and Labor Investment

Management Science
The capability of higher-ability managers to acquire and use resources more efficiently than lower-ability managers suggests a positive linear relation between labor investment efficiency (LIE) and managerial ability (MA). However, a puzzle emerges about how the best managers set themselves apart from their peers, calling into question the linearity ...
Mark Anderson, Peter Sherer, Dongning Yu
openaire   +2 more sources

Managerial ability and bank‐loan pricing

Journal of Business Finance and Accounting, 2017
AbstractThis paper examines the impact of borrowers’ managerial ability on lenders’ bank‐loan pricing and the channels through which managerial ability affects bank‐loan pricing. Using a large sample of US bank loans, we provide evidence that higher managerial ability is associated with lower bank‐loan prices. This effect is stronger in firms with high
Ole-Kristian Hope
exaly   +2 more sources

Quantifying Managerial Ability: A New Measure and Validity Tests

Management Science, 2012
Sarah Mcvay   +2 more
exaly   +2 more sources

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