Showing 1 - 10 of 57
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 …
Persistent link: https://www.econbiz.de/10009368020
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 …
Persistent link: https://www.econbiz.de/10010750997
In this paper we investigate the properties of simple rules for reappointment aimed at holding a public official accountable and monitor his activity. The public official allocates budget resources to various activities which results in the delivery of public services to citizens. He has...
Persistent link: https://www.econbiz.de/10010751020
The recent fi nancial crisis has lead the IASB to settle new reporting standards for fi nancial instruments. The extended ability to measure some debt instruments at amortized cost is associated with a new impairment losses mechanism: Expected Credit Losses. In this paper, after a brief...
Persistent link: https://www.econbiz.de/10010899862
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 …
Persistent link: https://www.econbiz.de/10008790842
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 …
Persistent link: https://www.econbiz.de/10008791265
This paper examines a financier's optimal monitoring intensity in a multi-period financing relationship.We identify … conditions under which the financier should sometimes misidentify the quality of an entrepreneur. Such an imperfect evaluation … technology affects action choices by bad entrepreneurs. We first characterize the optimal monitoring intensity and show that it …
Persistent link: https://www.econbiz.de/10008791498
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 …
Persistent link: https://www.econbiz.de/10008792805
The existing literature on Chief Knowledge Officers (CKOs) focuses on individual characteristics and organizational context but fails to convincingly address the issue of process dynamics in terms of effective and ineffective CKO moves and strategies. In order to address this gap we review...
Persistent link: https://www.econbiz.de/10010549090
of Simulation & Gaming, some key features related to the implementation of gaming in such a context are introduced …
Persistent link: https://www.econbiz.de/10008792580