| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15828 |
| DP15828 Trainspotting: Board Appointments in Private Firms | |
| Audinga Baltrunaite; Egle Karmaziene | |
| 发表日期 | 2021-02-19 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | This paper examines how the size of the corporate directors’ labor market affects board appointments in Italian private limited liability firms. As an exogenous shock to a firm’s access to potential non-local directors, we exploit the gradual expansion of the high-speed railway network that improves intercity mobility. We find that the non-local supply of directors increases the positive assortative matching between directors and firms: high-quality firms improve the quality of their boards, while low-quality firms reduce it. We also show that director quality is positively associated with firm growth and productivity, and negatively associated with the probability of default. |
| 主题 | Industrial Organization |
| 关键词 | Director supply Board of directors Match quality |
| URL | https://cepr.org/publications/dp15828 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544825 |
| 推荐引用方式 GB/T 7714 | Audinga Baltrunaite,Egle Karmaziene. DP15828 Trainspotting: Board Appointments in Private Firms. 2021. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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