Videos

    Videos

    Videos from ECGI events enable the ideas and debates that emerge in live situations to be shared with a wider audience for consideration. This helps to identify areas for further research, foster debate and educate people on corporate governance issues. As with all ECGI material, these videos are published in the interest of providing a public service.

    We present a model where firms compete for scarce managerial talent (“alpha”) and managers are risk-averse. When managers cannot move across firms after being hired, employers learn about their talent, allocate them efficiently to projects and provide insurance to low-quality managers.

    21 January 2019

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