Author: Hui-Ting Wu
Publisher: Rozenberg Publishers
ISBN: 9036101913
Category :
Languages : en
Pages : 196
Book Description
Essays on Top Management and Corporate Behavior
Author: Hui-Ting Wu
Publisher: Rozenberg Publishers
ISBN: 9036101913
Category :
Languages : en
Pages : 196
Book Description
Publisher: Rozenberg Publishers
ISBN: 9036101913
Category :
Languages : en
Pages : 196
Book Description
Three Essays on Management and Organization
Author: Bryan Hong
Publisher:
ISBN:
Category :
Languages : en
Pages : 72
Book Description
This dissertation examines how managers influence firm behavior and performance. Managers play an important role in the performance and activities of firms, given their decision-making role within organizations. I conduct three separate empirical analyses examining specific factors that influence the impact that managers have on firm behavior and performance. The first chapter investigates the following question: How does the performance impact of supervisor changes differ across levels in a hierarchy? In my results, I find that supervisor changes at higher levels result in more severe performance declines relative to lower levels in the hierarchy, even when accounting for differences in span of control. The findings suggest that reassignment and turnover of managers at higher levels may be more costly for firms, independent of their ability and other individual characteristics. The second chapter examines the following: What is the effect of replacing experienced managers with rookie managers on firm performance? And, how does this change if they are instead replaced with experienced managers? At the individual store level, I observe the behavior and performance effects of management changes when successors are newly promoted store managers, and compare this to changes where successors are experienced store managers that are reassigned. In my results, newly promoted store managers systematically cut costs that briefly lead to profit increases, but ultimately result in profit declines in subsequent months. By contrast, successors that have prior experience as a manager do not make any changes observable in my data, and I find no evidence of performance changes. These findings suggest that inexperienced managers within firms may engage in well-intentioned behavior that may be costly for firms, at least in the short run. However, managerial experience may reduce the likelihood that the same costly behavior is repeated. The results shed additional insight into how managerial experience may matter for performance, and provide a tangible estimate of the performance costs of being a rookie manager. In the final essay, I investigate the influence of top managers on corporate social responsibility (CSR). A growing body of literature suggests that individual managers may play a critical role in determining corporate social responsibility (CSR) activities. However, attempts to quantitatively measure the individual influence managers have on CSR face significant empirical challenges. Estimation methods unable to adequately control for firm-specific factors influencing CSR are likely to overstate the importance of individual managers in their findings. To address these concerns, I use an identification approach allowing for the simultaneous estimation of manager and firm fixed effects, and provide quantitative estimates of the degree to which individual managers might influence CSR. The results suggest that managers do exert some degree of individual influence on CSR outside of firm-specific factors, but that the magnitude of their effect is relatively small. Also, when managers switch firms, I find no evidence of a relationship between their influence on CSR in their first and second firm, suggesting that managers do not exert a persistent influence on CSR independent of the firm where they are employed.
Publisher:
ISBN:
Category :
Languages : en
Pages : 72
Book Description
This dissertation examines how managers influence firm behavior and performance. Managers play an important role in the performance and activities of firms, given their decision-making role within organizations. I conduct three separate empirical analyses examining specific factors that influence the impact that managers have on firm behavior and performance. The first chapter investigates the following question: How does the performance impact of supervisor changes differ across levels in a hierarchy? In my results, I find that supervisor changes at higher levels result in more severe performance declines relative to lower levels in the hierarchy, even when accounting for differences in span of control. The findings suggest that reassignment and turnover of managers at higher levels may be more costly for firms, independent of their ability and other individual characteristics. The second chapter examines the following: What is the effect of replacing experienced managers with rookie managers on firm performance? And, how does this change if they are instead replaced with experienced managers? At the individual store level, I observe the behavior and performance effects of management changes when successors are newly promoted store managers, and compare this to changes where successors are experienced store managers that are reassigned. In my results, newly promoted store managers systematically cut costs that briefly lead to profit increases, but ultimately result in profit declines in subsequent months. By contrast, successors that have prior experience as a manager do not make any changes observable in my data, and I find no evidence of performance changes. These findings suggest that inexperienced managers within firms may engage in well-intentioned behavior that may be costly for firms, at least in the short run. However, managerial experience may reduce the likelihood that the same costly behavior is repeated. The results shed additional insight into how managerial experience may matter for performance, and provide a tangible estimate of the performance costs of being a rookie manager. In the final essay, I investigate the influence of top managers on corporate social responsibility (CSR). A growing body of literature suggests that individual managers may play a critical role in determining corporate social responsibility (CSR) activities. However, attempts to quantitatively measure the individual influence managers have on CSR face significant empirical challenges. Estimation methods unable to adequately control for firm-specific factors influencing CSR are likely to overstate the importance of individual managers in their findings. To address these concerns, I use an identification approach allowing for the simultaneous estimation of manager and firm fixed effects, and provide quantitative estimates of the degree to which individual managers might influence CSR. The results suggest that managers do exert some degree of individual influence on CSR outside of firm-specific factors, but that the magnitude of their effect is relatively small. Also, when managers switch firms, I find no evidence of a relationship between their influence on CSR in their first and second firm, suggesting that managers do not exert a persistent influence on CSR independent of the firm where they are employed.
Stochastic dominance in portfolio analysis and asset pricing
Author: Andrey M. Lizyayev
Publisher: Rozenberg Publishers
ISBN: 9036101875
Category :
Languages : en
Pages : 136
Book Description
Publisher: Rozenberg Publishers
ISBN: 9036101875
Category :
Languages : en
Pages : 136
Book Description
Personnel Literature
Author:
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 184
Book Description
Publisher:
ISBN:
Category : Civil service
Languages : en
Pages : 184
Book Description
Three Essays on Ethical Corporate Behavior
Author: Sonal Kumar
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
The first essay extends the literature on how social and organizational discrimination in the form of glass ceiling, interact with managerial traits in shaping observed leadership effectiveness. We show that when the population of CEOs is stratified by ethnicity and gender, the colored female CEO emerges as the best performing while the white male CEO is consigned among the worst performers. Additionally, the transition from male to female CEOs seems to follow corporate down- turn and precede an upturn. Furthermore, the upswing is strongest following a transition from white male to colored female CEO. We attribute these observed differences between the groups to the existence of the glass ceiling. Discriminatory selection and promotion process potentially imposes much higher demands on candidates belonging to the discriminated group. Thus, the level of ability of the successful average colored female is much higher than those of the average white male CEO. These results potentially have important implications for both policy and research. The second essay examines whether gender discrimination after women are elevated to positions of power impacts financial reporting quality. Specifically, we extend the literature by using role congruity theory and glass cliff hypothesis to examine the earnings management behavior of female chief executive officers (CEOs) conditional on the power they hold. We find that female CEOs do not necessarily reduce earnings management. For CEOs holding less power, women CEOs demonstrate lower earnings management relative to their male counterparts. However with increased power, we find women and male CEOs to exhibit similar earnings management behaviors. Thus, the earnings management behaviors of women CEOs are not solely dictated by their risk-taking and ethical attitudes, but by the existence of glass cliffs which imposes high demands on women CEOs to conform to their gender roles. The final essay examines the stock price changes to the firm's strategic choice towards symbolic and substantive CSR. Our results indicate that stock prices react differently to symbolic and substantive CSR. Symbolic CSR is used as a means to repair reputational damage following a corporate controversy and attracts a positive stock price change consistent with stakeholder wealth maximization theory. In contrast, substantive CSR, undertaken to conform long-term commitment towards CSR is perceived as over-investment by managers in the manifestation of agency leading to a negative stock return-substantive CSR relation. However, no such negative relation between stock returns and substantive CSR is found for a subset of family firms, where the controlling families have a personal interest in the long-term performance of the firm. Overall, the results indicate that the stock market responds to the nature of CSR activities.
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
The first essay extends the literature on how social and organizational discrimination in the form of glass ceiling, interact with managerial traits in shaping observed leadership effectiveness. We show that when the population of CEOs is stratified by ethnicity and gender, the colored female CEO emerges as the best performing while the white male CEO is consigned among the worst performers. Additionally, the transition from male to female CEOs seems to follow corporate down- turn and precede an upturn. Furthermore, the upswing is strongest following a transition from white male to colored female CEO. We attribute these observed differences between the groups to the existence of the glass ceiling. Discriminatory selection and promotion process potentially imposes much higher demands on candidates belonging to the discriminated group. Thus, the level of ability of the successful average colored female is much higher than those of the average white male CEO. These results potentially have important implications for both policy and research. The second essay examines whether gender discrimination after women are elevated to positions of power impacts financial reporting quality. Specifically, we extend the literature by using role congruity theory and glass cliff hypothesis to examine the earnings management behavior of female chief executive officers (CEOs) conditional on the power they hold. We find that female CEOs do not necessarily reduce earnings management. For CEOs holding less power, women CEOs demonstrate lower earnings management relative to their male counterparts. However with increased power, we find women and male CEOs to exhibit similar earnings management behaviors. Thus, the earnings management behaviors of women CEOs are not solely dictated by their risk-taking and ethical attitudes, but by the existence of glass cliffs which imposes high demands on women CEOs to conform to their gender roles. The final essay examines the stock price changes to the firm's strategic choice towards symbolic and substantive CSR. Our results indicate that stock prices react differently to symbolic and substantive CSR. Symbolic CSR is used as a means to repair reputational damage following a corporate controversy and attracts a positive stock price change consistent with stakeholder wealth maximization theory. In contrast, substantive CSR, undertaken to conform long-term commitment towards CSR is perceived as over-investment by managers in the manifestation of agency leading to a negative stock return-substantive CSR relation. However, no such negative relation between stock returns and substantive CSR is found for a subset of family firms, where the controlling families have a personal interest in the long-term performance of the firm. Overall, the results indicate that the stock market responds to the nature of CSR activities.
Discourse Three: Organizational Leadership - An Essay On The Key Components For The Integration Of Technology While Leading In Increasingly Technologically Based Organizations
Author: Yannique Thomas
Publisher: Lulu.com
ISBN: 125710733X
Category : Business & Economics
Languages : en
Pages : 51
Book Description
This essay will attempt to investigate and analyze existing literature on integration of technology as it applies to organizational leadership and present key components that leaders will need to understand and embrace in order to "lead" in increasingly technologically based organization. Proceeds Go To "It's Achievable Foundation", A Non-Profit Founded To Stop Juvenile And Adult Illiteracy.
Publisher: Lulu.com
ISBN: 125710733X
Category : Business & Economics
Languages : en
Pages : 51
Book Description
This essay will attempt to investigate and analyze existing literature on integration of technology as it applies to organizational leadership and present key components that leaders will need to understand and embrace in order to "lead" in increasingly technologically based organization. Proceeds Go To "It's Achievable Foundation", A Non-Profit Founded To Stop Juvenile And Adult Illiteracy.
How to Write Successful Business and Management Essays
Author: Patrick Tissington
Publisher: SAGE
ISBN: 1446243044
Category : Business & Economics
Languages : en
Pages : 162
Book Description
Electronic Inspection Copy available for instructors here How to Write Successful Business and Management Essays is a systematic guide to successfully producing written work for business and management degrees. The authors address the all too common pitfalls of essay assignments, as well as providing students with a step-by-step programme to approach essay questions, both in coursework and exam contexts. Starting with the basics this book helps develop skills through the use of examples, exercises and checklists. Helpful features include: Annotated essay examples, showing both good and bad points Tips on time management and motivation, note taking and effective reading Final checklists to use before you hand in Explanation of what the markers are looking for – and how to give it to them. Many students find referencing particularly confusing so the book provides detailed but easy-to-use information on what referencing is and how to do it properly. SAGE Study Skills are essential study guides for students of all levels. From how to write great essays and succeeding at university, to writing your undergraduate dissertation and doing postgraduate research, SAGE Study Skills help you get the best from your time at university. Visit the SAGE Study Skills website for tips, quizzes and videos on study success!
Publisher: SAGE
ISBN: 1446243044
Category : Business & Economics
Languages : en
Pages : 162
Book Description
Electronic Inspection Copy available for instructors here How to Write Successful Business and Management Essays is a systematic guide to successfully producing written work for business and management degrees. The authors address the all too common pitfalls of essay assignments, as well as providing students with a step-by-step programme to approach essay questions, both in coursework and exam contexts. Starting with the basics this book helps develop skills through the use of examples, exercises and checklists. Helpful features include: Annotated essay examples, showing both good and bad points Tips on time management and motivation, note taking and effective reading Final checklists to use before you hand in Explanation of what the markers are looking for – and how to give it to them. Many students find referencing particularly confusing so the book provides detailed but easy-to-use information on what referencing is and how to do it properly. SAGE Study Skills are essential study guides for students of all levels. From how to write great essays and succeeding at university, to writing your undergraduate dissertation and doing postgraduate research, SAGE Study Skills help you get the best from your time at university. Visit the SAGE Study Skills website for tips, quizzes and videos on study success!
Labour markets, commuting and company cars
Author: Eva Gutiérrez Puigarnau
Publisher: Rozenberg Publishers
ISBN: 9036102154
Category :
Languages : en
Pages : 140
Book Description
Publisher: Rozenberg Publishers
ISBN: 9036102154
Category :
Languages : en
Pages : 140
Book Description
Education, Leadership and Business Ethics
Author: Ronald F. Duska
Publisher: Springer Science & Business Media
ISBN: 0585276242
Category : Philosophy
Languages : en
Pages : 331
Book Description
Education, Leadership and Business Ethics: New Essays on the Work of Clarence Walton includes a history and anecdotes of Clarence Walton's professional and personal life; a discussion of the controversial introduction of ethics into the field of management studies; contributions on a variety of subjects connected to leadership and business ethics from experts in the field; and critical essays reviewing Clarence's most recent work in social criticism. The book gives a history of the rise of the fields of business and society and business ethics, details the events leading to its acceptance in academic circles and gives personal accounts by Clarence Walton, one of the people most responsible for its creation. Intended target groups are students, former academic peers, and friends of Clarence Walton, as well as anyone interested in the history of business ethics or connected to Columbia University of America, or The American College.
Publisher: Springer Science & Business Media
ISBN: 0585276242
Category : Philosophy
Languages : en
Pages : 331
Book Description
Education, Leadership and Business Ethics: New Essays on the Work of Clarence Walton includes a history and anecdotes of Clarence Walton's professional and personal life; a discussion of the controversial introduction of ethics into the field of management studies; contributions on a variety of subjects connected to leadership and business ethics from experts in the field; and critical essays reviewing Clarence's most recent work in social criticism. The book gives a history of the rise of the fields of business and society and business ethics, details the events leading to its acceptance in academic circles and gives personal accounts by Clarence Walton, one of the people most responsible for its creation. Intended target groups are students, former academic peers, and friends of Clarence Walton, as well as anyone interested in the history of business ethics or connected to Columbia University of America, or The American College.
Organizational Behavior 3
Author: John B. Miner
Publisher: Routledge
ISBN: 1317463528
Category : Business & Economics
Languages : en
Pages : 334
Book Description
This is the first comprehensive overview of the development of the field of Organizational Behavior. It belongs on the shelf of every scholar and student in the discipline.
Publisher: Routledge
ISBN: 1317463528
Category : Business & Economics
Languages : en
Pages : 334
Book Description
This is the first comprehensive overview of the development of the field of Organizational Behavior. It belongs on the shelf of every scholar and student in the discipline.