Performance-based pay is an important instrument to align the interests of managers with the interests of shareholders. However, recent evidence suggests that high-powered incentives also provide managers with incentives to manipulate the firm's reported earnings. The previous literature has focused primarily on Chief Executive Officers, but managers further down in the firm hierarchy—division ...

BACKGROUND This study focused on the manager role in the manager-physician relationship, considered from the manager perspective. The aim was to understand how top executives in Swedish healthcare regard management of physicians in their organisations, and what this implies for the manager role in relation to the medical profession. Abbott's theory of professional jurisdiction was used to infor...

Unions and the Labor Market for Managers We examine the relationship between the employment and compensation of managers and CEOs and the presence of a unionized workforce. We develop a simple efficiency wage model, with a tradeoff between higher wages for workers and more monitoring, which requires more managers. The model also assumes rent sharing between workers, managers and the owners of t...

We examine the relationship between the employment and compensation of managers and CEOs and the presence of a unionized workforce. We develop a simple effciency wage model, with a tradeoff between higher wages for workers and more monitoring, which requires more managers. The model also assumes rent sharing between workers, managers and the owners of the firm. Unions, by redistributing rents t...

Acknowledgements: We appreciate the valuable research assistance of Tamara Rhynehardt and Lynn McNeil. More than 30 years ago, Armen Alchian (1969) posited that replacement of an inefficient division head would be " quicker " within a conglomerate firm than if the division were a standalone firm. He ended his discussion of the issue with " But what the truth is, I do not know. " Despite the con...

This study examines the performances of insider and outsider CEOs (Chief Executive Officer) based on top 100 companies in 2021 issue Brand Finance Turkey report. Each company has executive managers who plan manage strategies to advance within scope relevant mission vision. The influence managers, known as CEO or General Manager, is great importance company. article examined CEOs, financial stat...

Although it has long been conjectured that having physicians in leadership positions is valuable for hospital performance, there is no published empirical work on the hypothesis. This cross-sectional study reports the first evidence. Data were collected on the top-100 U.S. hospitals in 2009, as identified by a widely-used media-generated ranking of quality, in three specialties: Cancer, Digesti...

This paper reports the results of a study that attempts to assess the effects of decision making circumstances focusing mainly on the approaches applied and the managerial skills and capabilities the decision makers built on during concrete strategic decision making procedures. The study was conducted in California between September 2005 and June 2006 and it was sponsored by a Fulbright Researc...

Recent research has demonstrated that judgments of Chief Executive Officers' (CEOs') faces predict their firms' financial performance, finding that characteristics associated with higher power (e.g., dominance) predict greater profits. Most of these studies have focused on CEOs of profit-based businesses, where the main criterion for success is financial gain. Here, we examined whether facial a...