Matches in SemOpenAlex for { <https://semopenalex.org/work/W1551491593> ?p ?o ?g. }
- W1551491593 abstract "A rarely studied trend in corporate governance is the increasing tendency to fill CEO openings through external hires rather than through internal promotions: Kevin J. Murphy and Jan Zabojnik (2004) show that the proportion of outside hires has doubled and their pay premium almost quadrupled over the last thirty years. Assuming that general managerial skills are becoming more important relative to firm-specific skills, the authors conclude that competition in the managerial labor market establishesoptimal contracts. In our model and our empirical analysis we question this explanation by assuming that over the past decades the dishonesty of the predecessor has become relatively more important for the appointment decisions of firms. We conclude that outside hires are a suboptimal trend because external candidates even step up the regression of integrity in firms: As nobody has an incentive to invest in firm-specific knowledge, not only the performance of firms drops, but also the remainingintegrity." @default.
- W1551491593 created "2016-06-24" @default.
- W1551491593 creator A5024029582 @default.
- W1551491593 creator A5036945286 @default.
- W1551491593 creator A5037290783 @default.
- W1551491593 date "2008-01-01" @default.
- W1551491593 modified "2023-10-18" @default.
- W1551491593 title "CEO Appointments and the Loss of Firm-Specific Knowledge - Putting Integrity Back into Hiring Decisions" @default.
- W1551491593 cites W1485535210 @default.
- W1551491593 cites W1510736945 @default.
- W1551491593 cites W1526941477 @default.
- W1551491593 cites W1575606059 @default.
- W1551491593 cites W1973794711 @default.
- W1551491593 cites W1974338830 @default.
- W1551491593 cites W1981432124 @default.
- W1551491593 cites W1982404296 @default.
- W1551491593 cites W1985825623 @default.
- W1551491593 cites W1986456478 @default.
- W1551491593 cites W1996309300 @default.
- W1551491593 cites W2003101455 @default.
- W1551491593 cites W2007087334 @default.
- W1551491593 cites W2010919015 @default.
- W1551491593 cites W2011548533 @default.
- W1551491593 cites W2013209157 @default.
- W1551491593 cites W2017966498 @default.
- W1551491593 cites W2024720915 @default.
- W1551491593 cites W2029899376 @default.
- W1551491593 cites W2031987703 @default.
- W1551491593 cites W2032042139 @default.
- W1551491593 cites W2036840437 @default.
- W1551491593 cites W2041959507 @default.
- W1551491593 cites W2042080734 @default.
- W1551491593 cites W2053406947 @default.
- W1551491593 cites W2062599821 @default.
- W1551491593 cites W2068123771 @default.
- W1551491593 cites W2075560697 @default.
- W1551491593 cites W2086940276 @default.
- W1551491593 cites W2087884262 @default.
- W1551491593 cites W2089484242 @default.
- W1551491593 cites W2089740740 @default.
- W1551491593 cites W2095728270 @default.
- W1551491593 cites W2101376317 @default.
- W1551491593 cites W2120570605 @default.
- W1551491593 cites W2130358248 @default.
- W1551491593 cites W2132453464 @default.
- W1551491593 cites W2132935253 @default.
- W1551491593 cites W2141956643 @default.
- W1551491593 cites W2154581156 @default.
- W1551491593 cites W2158074482 @default.
- W1551491593 cites W2163160006 @default.
- W1551491593 cites W2166593106 @default.
- W1551491593 cites W2172038461 @default.
- W1551491593 cites W2172128317 @default.
- W1551491593 cites W2259093212 @default.
- W1551491593 cites W2315902491 @default.
- W1551491593 cites W2316711935 @default.
- W1551491593 cites W2326186279 @default.
- W1551491593 cites W2331647341 @default.
- W1551491593 cites W2334242521 @default.
- W1551491593 cites W2980293507 @default.
- W1551491593 cites W3022339544 @default.
- W1551491593 cites W3122008114 @default.
- W1551491593 cites W3122132470 @default.
- W1551491593 cites W3122859700 @default.
- W1551491593 cites W3123056013 @default.
- W1551491593 cites W3123150168 @default.
- W1551491593 cites W3123938212 @default.
- W1551491593 cites W3124494889 @default.
- W1551491593 cites W3124619538 @default.
- W1551491593 cites W3124632404 @default.
- W1551491593 cites W3124781077 @default.
- W1551491593 cites W3125215200 @default.
- W1551491593 cites W3125262074 @default.
- W1551491593 cites W3125641031 @default.
- W1551491593 cites W3125941754 @default.
- W1551491593 cites W4229541927 @default.
- W1551491593 cites W4234894924 @default.
- W1551491593 cites W4243998703 @default.
- W1551491593 cites W4244192187 @default.
- W1551491593 cites W4247982587 @default.
- W1551491593 cites W4254335477 @default.
- W1551491593 cites W4299715684 @default.
- W1551491593 cites W4361805645 @default.
- W1551491593 cites W4362228176 @default.
- W1551491593 doi "https://doi.org/10.2139/ssrn.1123883" @default.
- W1551491593 hasPublicationYear "2008" @default.
- W1551491593 type Work @default.
- W1551491593 sameAs 1551491593 @default.
- W1551491593 citedByCount "10" @default.
- W1551491593 countsByYear W15514915932014 @default.
- W1551491593 countsByYear W15514915932015 @default.
- W1551491593 countsByYear W15514915932022 @default.
- W1551491593 crossrefType "journal-article" @default.
- W1551491593 hasAuthorship W1551491593A5024029582 @default.
- W1551491593 hasAuthorship W1551491593A5036945286 @default.
- W1551491593 hasAuthorship W1551491593A5037290783 @default.
- W1551491593 hasBestOaLocation W15514915932 @default.
- W1551491593 hasConcept C144133560 @default.
- W1551491593 hasConcept C162118730 @default.
- W1551491593 hasConcept C162324750 @default.