Trade-Offs in Staying Close: Corporate Decision Making and Geographic Dispersion

By A. Landier, Vinay B. Nair, Julie Wulf. 2006

296 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/5ae682aa3347a55e7f75b26986e6b22f8532ae0c

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Citations in the corpus

Firms and social responsibility: A review of ESG and CSR research in corporate finance (2021, methodology): “In fact, Cai, Pan, and Statman (2016) and Liang and Renneboog (2017b) provide evidence that country characteristics appear to be quite important in explaining firm’s ESG/CSR activities.”
Entrepreneurial Finance Meets Organizational Reality: Comparing Investment Practices and Performance of Corporate and Independent Venture Capitalists (2010, unknown): “Recently, Lerner and Wulf (2006) report parallel findings for R&D-unit heads: high-powered incentives are associated with superior patenting output.”
Do employee-friendly firms invest more efficiently? Evidence from labor investment efficiency (2020, unknown): “3 Finally, prior research also suggests that employee treatment could be a manifestation of agency problems (Atanassov and Kim, 2009; Ben-Nasr and Ghouma, 2018; Cronqvist et al., 2009; Jensen and Meckling, 1976; Landier et al., 2007; Pagano and Volpin, 2005).”
Employee Treatment and Firm Leverage: A Test of the Stakeholder Theory of Capital Structure (2011, unknown): “For example, Landier, Nair, and Wulf (2009) find that geographically dispersed firms are less employee-friendly, and Cronqvist, Low, and Nilsson (2007) show that employee treatment of parent and spin-off firms tends to be highly correlated.”
Cash holdings and employee welfare (2013, unknown): “5 Following recent corporate finance studies (e.g., Cronqvist, Low, and Nilsson, 2009; Landier, Nair, and Wulf, 2009; Verwijmeren and Derwall, 2010; Bae, Kang, and Wang, 2011; Faleye and Trahan, 2011; Ertugrul, 2013), we use KLD’s ratings on “Employee Relations” as a proxy for employee well-being.”
Institutional investors' horizons and corporate employment decisions (2020, unknown): “To measure firms’ reliance on skilled labor, we follow Ochoa (2013), and Belo and Lin (2013), and use Occupational Employment Statistics (OES) data from the Bureau of Labor Statistics and the U.”