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Matching, Learning and Social Network in CEO and Director Labor Market



Год выпуска: 2013
Автор: Qianru "Cheryl" Qi
Издательство: LAP Lambert Academic Publishing
Страниц: 116
ISBN: 9783659429347
Описание
The labor market of top managers and directors is not a market in the ordinary sense. Instead of a perfect market with a large numbers of buyers and sellers engaged in relatively anonymous exchange, there is a small market in which buyers and sellers are few and socially connected. Instead of principals directly transacting with agents, there is a disconnect between the interest of principals (shareholders) and their agents (directors). Instead of a low-risk transaction in which all the necessary information is freely available and widely circulated, there is a significant lack of information about potential candidates and about the position itself. The purpose of this dissertation is to provide a comprehensive study, both theoretically and empirically, to identify the impact of board learning, CEO-firm matching, and director’s social networks on this labor market. Specifically, I explore the following questions: How do firms identify their new CEOs? What is the role of...


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Отзывы
Оксана, 24.12
Спасибо за выполненную работу. 21 декабря диплом защитила на отлично. Еще раз спасибо.