... a significantly higher probability of future promotion than other CEOs. Compared to peer firms that directly pay their CEOs, firms with parent-paid CEOs have higher asset turnover. Contrary to concerns that parent-paid executives might extract resources from minority shareholders to the benefit of the parent SOE...

...Eric W. Chan; Todd A. Thornock ABSTRACT We examine how a holistic versus disaggregated performance evaluation system affects supervisors' subjective evaluations of their subordinates in a promotion setting. A survey of actual supervisors and subordinates indicates that, compared to a holistic...

... longer supervisor-subordinate relationships exist, whereas subjective evaluations are lower when greater supervisor-subordinate age differences exist. The empirical evidence also indicates that subjective evaluations predict promotions and future performance of the employees, implying that the use...