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→The impact of regulation on CEO labor markets
===The impact of regulation on CEO labor markets===
D. Palia, “The impact of regulation on CEO labor markets,” RAND Journal of Economics, vol. 31, no. 1, p. 165, 2000.
*Utilities attract CEOs with a lower quality education than unregulated industries do
*Used educational background to measure manager quality. This isn't very good but it is the only reliable way