Showing 1 - 10 of 19
We consider the cost of providing incentives through tournaments when workers are inequity averse and performance … envy depending on the costs of assessing performance. More envious employees are preferred when these costs are high, less … à la mesure de la performance. Lorsque ces coûts sont élevés, le principal préférerait des travailleurs plus envieux; à …
Persistent link: https://www.econbiz.de/10005100711
We attempt to answer the following questions: What are the revaluation effects and the impact on performance … liberalization across firms. Large firms tend to exhibit large revaluation effects, insignificant change in performance, large …, improved performance, smaller decline in volatility and decreases in correlation after liberalization. These results hold after …
Persistent link: https://www.econbiz.de/10005100936
This paper investigates the relationship between organizational fit and performance. More specifically internal … between the level of internal coherence and firm performance is assessed in the specific context of SMEs. Results derived from … a particular form of theoretical approach based on fit as gestalt suggest that fit and performance must be interpreted …
Persistent link: https://www.econbiz.de/10005417586
Suppose an entrepreneur needs funds from a financier to invest in a risky project whose cost is fixed, and whose return may be high or low. Suppose also that the project's realized return is an information that is private to the entrepreneur. If the amount the entrepreneur pays back to the...
Persistent link: https://www.econbiz.de/10005100663
are not possible, the insured is faced with a commitment problem since he may want to renegotiate the contract or change …
Persistent link: https://www.econbiz.de/10005100695
We study in this paper how the technological flexibility choices and equilibrium configurations depend first on the industry characteristics (demand function and cost parameters specific to the multiproduct flexible technology and to the product dedicated technologies) and, second, on the...
Persistent link: https://www.econbiz.de/10005101006
In order to choose the proper size of an infrastructure and to save as much as possible on investment costs, it is necessary for the responsible party (the Centre in the language of this report) to have access to information that is typically known only by some agents or partners who may use...
Persistent link: https://www.econbiz.de/10005079446
réglementations environnementales sur la performance d'affaires, en affirmant que des politiques environnementales bien conçues …
Persistent link: https://www.econbiz.de/10008511751
. These public issuers can be considered low quality firms with poor operating performance. Managers issue equity before a … large decrease in operating and stock market performance. Individual investors do not price the stocks correctly around the … faible qualité présentant une piètre performance opérationnelle. Les dirigeants émettent des actions juste avant une forte …
Persistent link: https://www.econbiz.de/10008542598
performance, concurrence, évaluation et contrôle des coûts et séparation des mécanismes de financement et de prestation des …
Persistent link: https://www.econbiz.de/10005100467