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Die Bedeutung von Unternehmertum und Eigentum für die Existenz von Unternehmen : eine methodenkritische Analyse der Transformation des Wirtschaftssystems in Russland
Wengorz, Lars H. - 2000
In dieser Arbeit wird der Nachweis erbracht, dass es im Rahmen der neoklassischen Theorie nicht möglich ist … sogenannte Privatisierung bestehender Unternehmensstrukturen, sondern die ungehinderte Schaffung neuer Unternehmen eine Lösung …
Persistent link: https://www.econbiz.de/10011927727
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Selling certification of private and market information
Celik, Gorkem; Strausz, Roland - 2024
We consider a monopolistic certifier selling certification services to a partially privately informed seller. The certifier can enable the seller to disclose her private information publicly, as well as gather additional market information about the good's quality publicly. We show that the...
Persistent link: https://www.econbiz.de/10015053483
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Control of corporate decisions : shareholders vs. management
Harris, Milton (contributor); Raviv, Arthur (contributor) - 2007
Persistent link: https://www.econbiz.de/10003811242
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Liquidity and Manipulation of Executive Compensation Schemes
Axelson, Ulf - 2012
Compensation contracts have been criticized for encouraging managers to manipulate information. This includes bonus … schemes that encourage earnings smoothing, and option packages that allow managers to cash out early when the firm is …
Persistent link: https://www.econbiz.de/10013116766
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When are uninformed boards preferable?
Isaka, Naoto - 2016
Persistent link: https://www.econbiz.de/10011706293
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Determinants of executive compensation in privately held firms
Banghøj, Jesper; Gabrielsen, Gorm; Petersen, Christian; … - 2009
Persistent link: https://www.econbiz.de/10003910572
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Optimal Trade, Industrial, and Privatization Policies in a Mixed Duopoly with Strategic Managerial Incentives
Chang, Winston W. - 2011
This paper examines strategic managerial incentive and optimal privatization policy in a mixed duopoly model with a …
Persistent link: https://www.econbiz.de/10013131699
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Privatization and Restructuring : Friends or Enemies?
Kotrba, Josef - 2010
This paper analyzes decisions of managers on restructuring before privatization. After privatization, the new owner …-restructuring effect of privatization caused by manager's uncertainty on after-privatization future. Whereas the latter set of equilibria …
Persistent link: https://www.econbiz.de/10013148554
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Benevolent government, managerial incentives, and the virtues of privatization
Lülfesmann, Christoph - 2002
We show that privatization can be beneficial even if the government is rational and benevolent, and if the firm …, privatization is strictly preferable if the firm's future survival does not crucially depend on the success of managerial effort. …
Persistent link: https://www.econbiz.de/10011597691
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Benevolent Government, Managerial Incentives, and the Virtues of Privatization
Lülfesmann, Christoph - 2002
We show that privatization can be beneficial even if the government is rational and benevolent, and if the firm …, privatization is strictly preferable if the firm's future survival does not crucially depend on the success of managerial effort …
Persistent link: https://www.econbiz.de/10014106188