Luca Picariello
@lucapicariello.bsky.social
16 followers 30 following 4 posts
Assistant Professor of Finance @UninaIT. RF @csef_unina. PhD from @NHHECON. Interested in organizational economics and corporate finance. (He/Him).
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lucapicariello.bsky.social
4/4
You can read the full paper here: lnkd.in/dukedVBb
Looking forward to engaging discussions!
#Finance #CorporateGovernance #Meritocracy #Careers #Research #ReviewOfFinance
lucapicariello.bsky.social
3/3
Weak corporate governance can lead to non-meritocratic promotions, reducing firm profitability. Strengthening corporate governance can create a more skilled workforce and boost productivity, but the efficiency of reforms depends on firms’ incentives and governance starting points.
lucapicariello.bsky.social
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The paper studies how corporate governance standards shape firms' hiring and promotion decisions, influencing productivity and workforce skill composition. When firms prioritize meritocratic promotions, they attract high-skill workers, enhancing efficiency and wages.
lucapicariello.bsky.social
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I'm happy to share that my paper, "Corporate Governance, Meritocracy, and Careers", joint with @marco-pagano.bsky.social . has been published in the March issue of Review of Finance.