but also leaving more opportunities for shirking. These "high-performance work systems" are difficult to understand in … implement a control strategy, which consists of low effort discretion and little or no rent-sharing, or they implement a trust … control strategy prevails, while the possibility of screening renders the trust strategy profitable. The introduction of …

the subsequent 100 years, and comparing the pattern of ownership and control with a sample incorporated around 1960. We …

principals who control. The reason is that most agents lower their performance as a response to the signal of distrust created by …We show experimentally that a principal's distrust in the voluntary performance of an agent has a negative impact on … the agent's motivation to perform well. Before the agent chooses his performance, the principal in our experiment decides …

restructuring, investors focus control on poorly performing companies. These results stand in contrast to the US, where there is …

performance, little association between concentrations of ownership with managerial disciplining and only limited evidence that … pyramid structures can be used for control purposes. The static relation of ownership to control in Germany is therefore … is an active market in share blocks giving rise to changes in control, but the gains are limited and accrue solely to the …

Performance indicators are increasingly used to regulate quality in health care and other areas of the public sector …

We analyse the effect of ownership on post-privatization performance in a virtually complete population of medium and … ownership improves economic performance, but domestic private ownership does not, relative to state-owned firms. Foreign firms … increasing profit. Ownership concentration is associated with superior performance, thus providing support to the agency theory …

against our data. We find that team size affects the impact of the incentive scheme upon performance. Moreover, while the …

In this paper firm level data are used to test whether competition affects productivity performance in three transition … pressure has a positive impact on firm performance in Hungary and Slovenia, but not in Romania, while in Romenia short …-run competitive pressure has a positive impact on performance. The paper also finds evidence that ownership matters. Traditional firms …

-advertising families. At the family level, flows have a convex relation with advertising expenditures, similar to that for performance … redemptions rather than increasing purchases of fund shares. We further find that advertising can affect the fund’s flow-performance …