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This paper provides a brief review of the state of knowledge in the field of agency theory. The managerial power …
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Deregulation and managerial compensation are two important topics on the political and academic agenda. The former has been a significant policy recommendation in light of the negative effects associated with overly restrictive regulation on markets and the economy. The latter relates to the...
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findings could provide implications for managers and regulators to enhance governance practice to alleviate firm devaluation …
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development. Tournament-based contracts can be very effective in eliciting high effort, often outperforming other compensation … contracts, but they can also have negative consequences for both managers and workers. The benefits and disadvantages of …
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Throughout the 1990s, government reports such as the Competitive Tendering and Contracting Report (Industry Commission1996) and the Report of the Independent Commission to Review Public Sector Finances (McCarrey 1993), suggested that the contracting-out of government services would improve the...
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-determination theory, more specifcally on the explanations advanced under the controlled and autonomous motivation factors. Signifcant …
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