employers meet this challenge by monitoring employees carefully to prevent shirking. But there is another option that relies on … monitoring. This should be especially useful in work systems where monitoring by supervisors is more difficult, such as teamwork … systems. We analyze the relationship between screening and monitoring in the context of a principal-agent model and test the …

as monitoring, but also through agents intrinsic trustworthiness. Their relative usage, however, changes over time and … to potential returns. When monitoring becomes relatively cheaper over time, agents acquire lower trustworthiness, which … choosing governance methods tend to have higher monitoring intensities and lower trust. These results are consistent with the …

employers meet this challenge by monitoring employees carefully to prevent shirking. But there is another option that relies on … monitoring. This should be especially useful in work systems where monitoring by supervisors is more difficult, such as teamwork … systems. We analyze the relationship between screening and monitoring in the context of a principal-agent model and test the …

propping through profit transfers among firms within a group and better monitoring through group level directorial interlocks …