What Do CEOs Do?
Abstract:
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 priorities as well as the presence of governance issues. We follow 94 CEOs of 600 top Italian firms over a pre-specified week and record the time devoted each … [ Read more ]
Content: Article | Authors: Andrea Prat, Luigi Guiso, Oriana Bandiera, Raffaella Sadun | Source: “Harvard Business School (HBS)” | Subject: Corporate Governance
Who Do You Trust?
A degree of mutual trust is an essential component of any economic exchange.Recent research suggests that this trust is not only based on objective considerations of trustworthiness, but is also affected by cultural heritage. This cultural bias in trust has important effects on global trade and investments.
Content: Article | Authors: Luigi Guiso, Luigi Zingales, Paola Sapienza | Source: “Capital Ideas” | Subjects: Economics, International
Beyond the Protestant Work Ethic
New research suggests a link between religion and attitudes that are conducive to economic growth.
Content: Article | Authors: Luigi Guiso, Luigi Zingales, Paolo Sapienza | Source: “Capital Ideas” | Subjects: General, Miscellaneous