Golden Handshakes: Rewards for CEOs Who Leave

1 Who Rewards Diversity ?

Although many studies have explored the consequences of diversity, few have considered how they are affected by social context. This paper develops an institutional framework for understanding how a board’s gender diversity influences its organization’s analyst ratings. I propose that evaluators reward gender-diverse organizations with higher ratings when gender diversity is more institutionali...

Teenagers Who Leave Home

Sabbatical leave: who gains and how much?

A rigorous quasi-experiment tested the ameliorative effects of a sabbatical leave, a special case of respite from routine work. We hypothesized that (a) respite increases resource level and well-being and (b) individual differences and respite features moderate respite effects. A sample of 129 faculty members on sabbatical and 129 matched controls completed measures of resource gain, resource l...

Who should monitor job sick leave?

We use a large and unique administrative dataset from Italy, covering the period 2009-2014, to investigate opportunistic behavior (moral hazard) and the effectiveness of monitoring policies related to insurance against illness-related income losses. The analysis is based on the outcome of mandatory medical visits aimed at verifying the health status of employees during sickness spells. We find ...

Private Handshakes

Private handshaking allows pairs of users to determine which (secret) groups they are both a member of. Group membership is kept secret to everybody else. Private handshaking is a more private form of secret handshaking [BDS03], because it does not allow the group administrator to trace users. We extend the original definition of a handshaking protocol to allow and test for membership of multip...