Executive Networks and Firm Policies: Evidence from the Random Assignment of MBA Peers
Abstract
Using the historical random assignment of MBA students to sections at Harvard Business School, I explore how executive peer networks can affect managerial decision-making and firm policies. Within an HBS class, firm outcomes are significantly more similar among graduates from the same section than among graduates from different sections, with the strongest effects in executive compensation and acquisitions strategy. Both compensation and...
Paper Details
Title
Executive Networks and Firm Policies: Evidence from the Random Assignment of MBA Peers
Published Date
Jan 1, 2012
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Notes
History