I study the effect of workers' motivation on the firm's choice of how much autonomy employees should be given. The main …

According to empirical evidence, extrinsic incentives often crowd out intrinsic motivation, thus reducing the effort … discontinuous reduction in worker effort as well as a reduction in worker motivation to act in the interest of a principal. The … primary finding is that motivation crowding out occurs when then the object of an agent's intrinsic motivation is a principal …

hedge funds performance using various asset-pricing models, including an extension form of Carhart's (1997) model combined …, Equity non- Hedge and Sector funds. We analyse the performance of ehdge funds and the persistence in performance for … calculations for several individual hedge fund strategies. We showed there is a proof of persistence in performance in some cases …

Hedge Fund Performance and Persistence in Bull and Bear Markets DANIEL P.J. CAPOCCI University of Liege - Economics … paper tests the performance of 2894 hedge funds in a time period that encompasses unambiguously bullish and bearish trends …-factor composite performance model that achieves very high significance levels. The analysis of performance indicates that most hedge …

We analyze the effects of ownership type and concentration on performance of a population of firms in a model large … private ownership improve dynamic post-privatization performance. Concentrated foreign (but not domestic) ownership improves … some measures of performance relative to state ownership. Foreign investors engage in strategic restructuring by increasing …

determinants of performance of cities. We construct a preliminary worldwide database for cities, containing variables and … indicators of globalization (at the country and city level), city governance, city performance (access and quality of … globalization (at both the country as well as at the city level) do matter for city-level performance in terms of access and quality …