Results

Journal article

Management Science:

Communication within firms: evidence from CEO turnovers

This paper uses novel, firm-level communication measures derived from communications metadata several months before and after a CEO transition for 102 firms to study whether and how this organizational event is reflected...Read more...

Blog

LSE Business Review:

How do internal communication flows change when a new CEO is appointed?

CEO turnovers are significant organisational events that typically mark a discontinuity in firm strategy and operations. These likely changes are visible in internal communication flows. Stephen Michael Impink, Andrea Pr...Read more...

CEP discussion paper

Communication within firms: evidence from CEO turnovers

This paper uses novel, firm-level measures derived from communications metadata before and after a CEO transition in 102 firms to study if CEO turnover impacts employees' communication flows. We find that CEO turnover le...Read more...

Journal article

Journal of Political Economy:

CEO behavior and firm performance

We measure the behavior of over 1,100 CEOs in six countries (Brazil, France, Germany, India, UK and US) using a new methodology that combines (i) a survey measuring each activity undertaken in a random work-week by the e...Read more...

Journal article

The Review of Financial Studies:

Managing the family firm: evidence from CEOs at work

We build a comparable and bottom-up measure of CEO labor supply for 1,114 CEOs and investigate whether family and professional CEOs differ along this dimension. Family CEOs work 9% fewer hours relative to professional CE...Read more...

Journal article

Quarterly Journal of Economics:

Transparency and deliberation within the FOMC: a computational linguistics approach

How does transparency, a key feature of central bank design, affect monetary policy makers' deliberations? Theory predicts a positive discipline effect and negative conformity effect. We empirically explore these effects...Read more...

CentrePiece article

Family business: management effort and firm performance

Might familyowned, familyrun firms be a serious obstacle to productivity growth in Europe? Oriana Bandiera, Andrea Prat and Raffaella Sadun have collected time use data on over 1,000 chief executive officers to explore d...Read more...

CentrePiece article

The dilemma of central bank transparency

If central banks publish the transcripts of their internal policy debates, will discussions be enhanced or inhibited? Michael McMahon and colleagues use tools from computational linguistics to analyse the positive and ne...Read more...

CEP discussion paper

Transparency and deliberation within the FOMC: a computational linguistics approach

How does transparency, a key feature of central bank design, affect the deliberation of monetary policymakers? We exploit a natural experiment in the Federal Open Market Committee in 1993 together with computational ling...Read more...

CEP discussion paper

Managing the family firm: evidence from CEOs at work

We present evidence on the labor supply of CEOs, and on whether family and professional CEOs differ on this dimension. We do so through a new survey instrument that allows us to codify CEOs? diaries in a detailed and com...Read more...

CEP discussion paper

What Do CEOs Do?

We develop a methodology to collect and analyze data on CEOs? time use. The idea - sketched out in a simple theoretical set-up - is that CEO time is a scarce resource and its allocation can help us identify the firm?s pr...Read more...

CEP discussion paper

Matching Firms, Managers, and Incentives

We exploit a unique combination of administrative sources and survey data to study the match between firms and managers. The data includes manager characteristics, such as risk aversion and talent; firm characteristics, ...Read more...

CEP discussion paper

Span of Control and Span of Activity

For both practitioners and researchers, span of control plays an important role in defining and understanding the role of the CEO. In this paper, we combine organizational chart information for a sample of 65 companies w...Read more...