Search
Now showing items 1-10 of 19
Networks or lemons?
(Massachusetts Institute of Technology, 2018)
Past research has argued that hiring personnel use employment as a signal of worker quality. If firms tend to keep high ability workers, then those who are not employed will tend to be "lemons," labor market leftovers who ...
Effect of litigation risk on management forecasts
(Massachusetts Institute of Technology, 2018)
I examine the link between changes in the disclosure behavior of firms and changes in ex ante litigation risk as proxied by changes in the firms' director and officer insurance premiums. I find evidence that there is a ...
"It's no problem" : using reverse bargaining to manage the threat of second-order opportunism in social exchange
(Massachusetts Institute of Technology, 2018)
Social exchange is paradoxically characterized by actors who expect reciprocity (Blau 1986), yet vigorously downplay these expectations using language we refer to as reverse bargaining. For example, responses to thanks ...
Face distance : unpacking the role of ethnic ties in venture capital investment
(Massachusetts Institute of Technology, 2018)
Venture capitalists have been shown to be more likely to invest in entrepreneurs of the same ethnicity. At the same time, this result rests on assumptions about how shared ethnicity is defined both theoretically and ...
Limiting bias from test-control interference in online marketplace experiments
(Massachusetts Institute of Technology, 2018)
Many internet firms use A/B tests to make product decisions. When running an A/B test, the typical objective is to measure the average treatment effect (ATE), i.e. the difference between the average outcome in the ...
A new approach to studying earnings announcement timing : why do firms change earnings announcement dates?
(Massachusetts Institute of Technology, 2018)
This study provides evidence on firms' incentives to strategically time their earnings announcements. I propose and implement a novel approach to isolating the impact of the relative ordering of different firms' earnings ...
Occupational invocation : managing experts through occupational norms
(Massachusetts Institute of Technology, 2018)
Using data from a 16-month ethnographic study of a pharmaceutical company research unit, I examine how managers can successfully manage expert contractors. These expert scientists perform essential work in advancing drug ...
Ecosystem disclaimers for successful influence of higher power occupational groups inside organizations
(Massachusetts Institute of Technology, 2018)
We use data from a two-year comparative ethnographic field study of public defenders in two offices to examine how lower power occupation members are able to influence higher power occupation members, which the literature ...
Informal debt contract and consumption : evidence from the vehicle scrappage program/
(Massachusetts Institute of Technology, 2018)
This paper evaluate the influence of household heterogeneity on their decisions to take up the vehicle scrappage program (VSP) in China. The presence of debt owed to family and friends (DOFF) on household balance sheet ...
Financial distress, dealers' behavior and asset pricing in the foreign exchange market
(Massachusetts Institute of Technology, 2018)
Exploiting a high frequency dealer-specific quote database in the FX market, I show that shocks to the CDS of a financial intermediary, proxy for its financial wealth, makes her quote larger bid-ask spreads when uncertainty ...