Results 181 to 190 of about 3,885 (266)

Shareholder Activism: Affliction for Incumbent CEOs?

open access: yesFinancial Management, EarlyView.
ABSTRACT We study how shareholder activism shapes CEO careers by distinguishing between two competing hypotheses: discipline and reallocation. Employing a control function approach with expected mutual fund fire sales and purchases as exclusion restrictions, we analyze 3799 US campaigns from 2006 to 2018.
Jana P. Fidrmuc   +2 more
wiley   +1 more source

Job control and working life expectancy in Sweden. [PDF]

open access: yesScand J Work Environ Health
Almroth M   +7 more
europepmc   +1 more source

Long‐Term Institutional Investors and Executive Compensation

open access: yesFinancial Review, EarlyView.
ABSTRACT Standard agency theory views would suggest that long‐term investors will use long‐term CEO compensation to align incentives and promote long‐term value maximization. An alternative view is that long‐term investors—who are more able to bear the fixed costs associated with monitoring—will monitor more heavily than short‐term investors, reducing ...
T. Colin Campbell   +2 more
wiley   +1 more source

How Does the Regional ESG Context Drive the ESG Preferences of Retail Investors?

open access: yesFinancial Review, EarlyView.
ABSTRACT Based on a large and representative sample of Italian adults, the paper investigates the determinants of retail investors’ environmental, social, and governance (ESG) preferences. Unlike previous literature, the study explicitly focuses on the role of the regional ESG context, which appears important in shaping these preferences.
Evita Allodi   +2 more
wiley   +1 more source

Connectivity and Selective Rural Migration

open access: yesInternational Economic Review, EarlyView.
ABSTRACT How does infrastructure shape rural development? Using household panel data from a nationally representative sample of Chinese villages, matched to high‐resolution highway maps, we find that road expansion between 2000 and 2015 operates mainly through reallocation, with less productive farmers scaling down or exiting and more productive ...
Lin Ma   +3 more
wiley   +1 more source

Assessing the Employee Welfare Impact of Right‐To‐Work Laws: Insights From State‐Level Legislation

open access: yesIndustrial Relations: A Journal of Economy and Society, EarlyView.
ABSTRACT We examine the effect of right‐to‐work (RTW) laws on employee welfare using the stacked difference‐in‐differences (DiD) methodology. We posit that RTW laws weaken collective bargaining power, increase free riding, and ultimately reduce employee welfare. We document a significant employee welfare decline following RTW adoption, especially among
Shima Amini   +2 more
wiley   +1 more source

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