CEO Pay-for-Performance Heterogeneity Using Quantile Regression (CRI 2009-002)

We provide some examples of how quantile regression can be used to investigate heterogeneity in pay–firm size and pay-performance relationships for U.S. CEOs. For example, do conditionally (predicted) high-wage managers have a stronger relationship between pay and performance than conditionally low-wage managers? Our results using data over a decade show, for some standard specifications, there is considerable heterogeneity in the returns to firm performance across the conditional distribution of wages. Quantile regression adds substantially to our understanding of the pay-performance relationship. This heterogeneity is masked when using more standard empirical techniques

Leadership in a Turnaround Situation and a Multicultural Environment

Leadership style in a turnaround situation, especially in a multicultural environment, is very important to the success of the organization. As the organization is transformed to a successful one, the leader may have to adapt his or her style. This case focuses on the leadership of a new CEO recruited to overcome a crisis situation in a small community bank. The CEO also faced the additional challenges of being from a different culture than most of his employees and of interacting with the founder and previous CEO who had quite a different leadership style. In the process of turning the bank around and implementing a new strategy, the new CEO also transformed his leadership style in order to reduce anxiety and gain the respect and confidence of the employees, the board of directors, and the community

Diffusion on non exactly decimable tree-like fractals

We calculate the spectral dimension of a wide class of tree-like fractals by solving the random walk problem through a new analytical technique, based on invariance under generalized cutting-decimation transformations. These fractals are generalizations of the NTD lattices and they are characterized by non integer spectral dimension equal or greater then 2, non anomalous diffusion laws, dynamical dimension splitting and absence of phase transitions for spin models.Comment: 5 pages Latex, 3 figures (figures are poscript files

Labor Market Effects of Immigration – Evidence from Neighborhood Data

This paper combines individual-level data from the German Socio-Economic Panel (SOEP) with economic and demographic postcode-level data from administrative records to analyze the effects of immigration on wages and unemployment probabilities of high- and low-skilled natives. Employing an instrumental variable strategy and utilizing the variation in the population share of foreigners across regions and time, we find no support for the hypothesis of adverse labor market effects of immigration.International migration; effects of immigration

School readiness of moderately preterm children at preschool age

The study investigates the preschool readiness of moderately preterm children and, in particular, the likely presence of learning disabilities at preschool age. Its theoretical model detects linguistic comprehension and expression; memory-related metacognition and cognition skills; orientation and motor coordination skills; premathematics and preliteracy ones. The research project involved an experimental group made up of 55 moderately preterm children (mean age = 62 months, mean gestational age = 34.6 weeks), without any clinical neonatal complications, and low birth weight (M = 2,100 g, SD = 350 g); a control group made up of 55 full-term children without pre- and perinatal complications. The children’s primary school reference teachers were given a questionnaire (Observative Questionnaire for Early Identification of Learning Disabilities), which was aimed at identifying any likely social and cognitive skill deficits at preschool age. The data, submitted to nonparametric univariate variance, show how scores of moderately preterm children in the metacognition [U (n1 e n2 = 55) = 35, p = 0.04, r = 0.49] are statistically lower, other cognitive skills (memory, orientation, and visual–motor coordination) [U (n1 e n2 = 55) = 32, p = 0.02, r = 0.45], premathematics [U (n1 e n2 = 55) = 32, p = 0.02, r = 0.44], and the total score [U (n1 e n2 = 55) = 31, p = 0.02, r = 0.12]. Such data would seem to suggest the need for hypothesizing preventive training and educational paths as a prerequisite for the development of the school abilities

Uso das tecnologias de acesso à informação na área do Direito do Trabalho

This paper aims to present the results of a Labour Law information technology uses research, and a comparative study between Lawyers and Law students in their preferences on atending information needs

Analysis of the Correlations Between Reorder Point and Safety Stock in Packing Sector (Case Study: PT Bentoel Tbk.)

The key of the distribution is the availability of the product and the way to manage the stock in the storage. Material's availability is essentials to manage the flow of production within the company so they could formulated the best approach to make their production more effective and efficient that could impact the overall pricing.The purpose of this study was toconduct if the safety stock is determine how firm taking decision about reorder point in PT BentoelTbk.To collect the informatioan and data related to the topic, authors will use a method such as interview and seacrching through internet then analyzed by quantitative descriptive tecniques. Keywords:Distribution, Safety Stock, Bentoel, Reorder Point, Material's Availabilit