Showing 1 - 10 of 10
substantial negative impact on the probability that an employee's pay is performance contingent. …
Persistent link: https://www.econbiz.de/10010333738
attention on the relation between family owners who are members of the board of directors and firm performance. Also, this study … directors and firm performance, and specifically, the authors propose an S-shaped effect that implies two breakpoints. Findings … board members' ownership and firm performance in family SMEs. Nevertheless, the results are different in comparing first …
Persistent link: https://www.econbiz.de/10013193219
This study uses the Markov chain and agency theory to demonstrate a link between a salesperson's perceived attributes with customer retention and both optimal effort and commission, using a relational perspective. The purpose is to show sales managers that, with a customer survey, they can use...
Persistent link: https://www.econbiz.de/10012115958
We study price competition in heterogeneous markets where price decisions are delegated to agents. Principals implement a revenue sharing scheme to which agents react by commonly charging a sales price. The results of our model exemplify the importance of both intrafirm- and interfirm...
Persistent link: https://www.econbiz.de/10010310155
. Agency theory's insistence on linking the compensation of managers and directors as closely as possible to firm performance … is a major reason for these scandals. They cannot be overcome by improving variable pay for performance, as selfish …
Persistent link: https://www.econbiz.de/10012168201
This paper outlines the foundations of corporate governance. The discussion includes a review on the modern corporation, transaction costs theory, agency costs theory, legal investor protection, investor protection by corporate governance and its various mechanisms, as well as an overview of the...
Persistent link: https://www.econbiz.de/10011390672
The paper provides new evidence on the way that both the cash and ownership influence firms' market value in the Athens Stock Exchange (ASE) within the Eurozone (2000-2015). Based on corporate governance theory and critical analysis we use the dynamic panel data econometrics, in order to get...
Persistent link: https://www.econbiz.de/10011994282
We investigate whether ownership concentration influences bank profitability in a developing country context. We focus on bank ownership concentration measured as the amount of direct equity held by a majority shareholder categorised into: high ownership concentration, moderate ownership...
Persistent link: https://www.econbiz.de/10011937845
performance of banks in Ethiopia. Explanatory research design was used in establishing the casual effect relationship between … corporate governance variables and banks financial performance measures. Secondary data were collected from the banks' annual … financial performance of private banks while number of board committees has significant negative effects on bank performance …
Persistent link: https://www.econbiz.de/10012484774
Family business literature shows that family and nonfamily firms differ with respect to their financial reporting decisions. However, although the literature on financial reporting in fami - ly firms has developed over the last ten years, it is mostly oriented towards earnings management and...
Persistent link: https://www.econbiz.de/10012484832