This paper tries to answer the question how taxation of corporate and individual income affects competition among firms for highly-skilled human resources like CEOs. It shows that individual income taxes can perform a substantial impact on the outcome of such a competition if marginal tax rates are different like in an international labor market. Additionally, it presents the surprising result ...

This paper contributes to the question of how taxation of corporate profits and wages affects competition among firms for highly skilled human resources such as CEOs. Use of a theoretical model shows that wage taxes can have a substantial impact on the outcome of such a competition if marginal tax rates are different as in an international labor market. Further, the paper shows that increasing ...

Why did CEOs remuneration exploded during the 90s and persisted to high levels, even after the bursting out of the Internet bubble? This article surveys the alternative explanations that have been given of this paradox mainly by various economic theories with some extension to political science, business administration, social psychology, moral philosophy, network analysis. Basically, it is arg...

The order of authorship was determined alphabetically. We are grateful to Andrew Henderson, Monica Higgins, Timothy Pollock, Gerard Sanders, and seminar participants at the University of Texas at Austin for providing valuable comments on earlier drafts of this paper. We also thank Linda Johanson, Joseph Porac, and the anonymous ASO reviewers for their constructive feedback and suggestions. This...

We examine experimentally how Chief Executive Officers (CEOs) respond to incentives and how they provide incentives in situations requiring trust and trustworthiness. As a control we compare the behavior of CEOs with the behavior of students. We find that CEOs are considerably more trusting and exhibit more trustworthiness than students – thus reaching substantially higher efficiency levels tha...

Drawing on environmental sustainability and indigenous conservationism literature, we examine the influence of chief executive officers' (CEOs) beliefs firms’ expenditure through mediating mechanism managerial attitudes towards natural environment. Using data collected from 494 small medium-sized enterprises in a developing country, found that superstition positively affects national environmen...

To probe how ‘good minds’ think, I asked 16 CEOs who ran (or had been running until recently) successful oil and gas companies to read a realistic decision scenario which presented three strategic alternatives: to invest in a new technology, to explore in the Arctic in a joint venture, or to acquire another oil company. The chief executives were then asked to think out loud how they would decid...

It is well-known that chief executive officer (CEO) plays an important role in the success of many businesses. In this study, we revisit relationship between CEO’s personality and firm performance for 27 Vietnamese commercial banks. We use graphology to classify 299 handwritten signatures CEOs into different traits such as extraversion or conscientiousness. Those personalities, among other fact...

Multimarket (or multipoint) contact has been shown to deter aggressive actions by rivals toward each other, producing a situation of mutual forbearance among firms. To create this deterrent capability, however, firms must enter each others’ markets, which is just the kind of action that the deterrent is supposed to limit. This study explores the questions: Under what conditions are firms likely...

Although chief executive officers (CEOs) are the primary decision-makers in their firms, there has been little research on how CEOs' decision styles affect firm performance. This study explores relationships between performance and two key dimensions of CEO style, namely use heuristics standards. We conceptualize speed innovativeness new product development (NPD) as mediators these relationship...