Labor market mobility and expectation management: Evidence from enforceability of noncompete provisions

• Main Authors: TANG, Michael, WANG, Rencheng, ZHOU, Yi
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2021
• Subjects: Labor market mobility; Non-compete enforcement; Expectation management; Managerial career concern; Accounting; Corporate Finance; Portfolio and Security Analysis
• Online Access: https://ink.library.smu.edu.sg/soa_research/1961; https://ink.library.smu.edu.sg/context/soa_research/article/2988/viewcontent/SSRN_id2711331.pdf
• Institution: Singapore Management University

This study examines how managers' use of expectation management is affected by their labor market mobility, which we measure by the enforceability of noncompete provisions in their employment contracts. Exploiting quasinatural experiments, our difference-in-differences analyses provide new caus...