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Executive Quirks in Operational Decisions

Lai, Richard
Munich Personal RePEc Archive · Reports
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labor-productivitymechanism-designproperty-rightsskills
We ask if corporate executives have fixed effects (quirks) that explain perational decisions made in firms, independent of firm effects. We replicate the approach in Bertrand et al. (2003), solving the empirical challenge of distinguishing firm and executive effects by constructing a dataset of exec
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