of shareholders' monitoring. In contrast with other studies, we do not use regressions of risk/performance on ownership …' monitoring. On a sample of European banks, we show that the predictive power of the DD is satisfactory only when banks …

requires public intervention. This control takes the form of both monetary incentives but also monitoring taking place either … ex ante or ex post, i.e. before or after an accident occurs. We delineate the respective scopes of these monitoring …

Agency theory assumes that tighter monitoring by the principal should motivate agents to increase their effort, whereas … experiments show that many principals engage in costly monitoring, and most agents react to the disciplining effect of monitoring … by increasing effort. However, we also find some evidence that effort is crowded out when monitoring is above a certain …

Agency theory assumes that tighter monitoring by the principal should motivate the agent to raise his effort level … realtask laboratory experiment, our results show that principals are not trustful enough to refrain from monitoring the agents …, and most of the agents react to the disciplining effect of monitoring. However we find also some evidence that intrinsic …

This paper examines a financier's optimal monitoring intensity in a multi-period financing relationship.We identify … technology affects action choices by bad entrepreneurs. We first characterize the optimal monitoring intensity and show that it … is one in which the investor monitors entrepreneurs randomly. Random monitoring in the first stage of a relationship …

Agency theory assumes that tighter monitoring by the principal should motivate the agent to raise his effort level … real-task laboratory experiment, our results show that principals are not trustful enough to refrain from monitoring the … agents, and most of the agents react to the disciplining effect of monitoring. However we find also some evidence that …

This paper compares the loans granted to male and female entrepreneurs by a French microfinance institution (MFI). The …

We analyze in this paper how various forms of State intervention can impact the microcredit market in developed … microfinance institutions' lending behavior. We first introduce state intervention through the loan guarantee and show that, not … provided by the microfinance institution, we show that the government loan guarantee can have a counterproductive effect by …