You can read the full paper here: lnkd.in/dukedVBb
Looking forward to engaging discussions!
#Finance #CorporateGovernance #Meritocracy #Careers #Research #ReviewOfFinance
You can read the full paper here: lnkd.in/dukedVBb
Looking forward to engaging discussions!
#Finance #CorporateGovernance #Meritocracy #Careers #Research #ReviewOfFinance
Weak corporate governance can lead to non-meritocratic promotions, reducing firm profitability. Strengthening corporate governance can create a more skilled workforce and boost productivity, but the efficiency of reforms depends on firms’ incentives and governance starting points.
Weak corporate governance can lead to non-meritocratic promotions, reducing firm profitability. Strengthening corporate governance can create a more skilled workforce and boost productivity, but the efficiency of reforms depends on firms’ incentives and governance starting points.
The paper studies how corporate governance standards shape firms' hiring and promotion decisions, influencing productivity and workforce skill composition. When firms prioritize meritocratic promotions, they attract high-skill workers, enhancing efficiency and wages.
The paper studies how corporate governance standards shape firms' hiring and promotion decisions, influencing productivity and workforce skill composition. When firms prioritize meritocratic promotions, they attract high-skill workers, enhancing efficiency and wages.