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Coordination and information : historical perspectives on the organization of enterprise
Lamoreaux, Naomi R. (ed.); Raff, Daniel M. G. (contributor) - 1995
Persistent link: https://www.econbiz.de/10013480887
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Top Executives, Turnover and Firm Performance in Germany
Kaplan, Steven N. - 1993
This paper examines executive turnover -- both for management and supervisory boards - - and its relation to firm performance in the largest companies in Germany in the 1980s. The management board turns over slowly -- at a rate of 10% per year -- implying that top executives in Germany have...
Persistent link: https://www.econbiz.de/10012474534
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Top Executive Rewards and Firm Performance : A Comparison of Japan and the U.S
Kaplan, Steven N. - 1992
sales) in Japan and the U.S. Japanese top managers are older and have shorter tenures as top managers than their U …
Persistent link: https://www.econbiz.de/10012474914
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The governance of not-for-profit organizations
Glaeser, Edward L. (ed.) - 2003
Persistent link: https://www.econbiz.de/10013480759
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Concentrated corporate ownership
Morck, Randall (ed.) - 2000
Persistent link: https://www.econbiz.de/10013480933
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Executive Compensation, Strategic Competition, and Relative Performance Evaluation : Theory and Evidence
Aggarwal, Rajesh - 1996
. We derive the optimal compensation contracts for managers and demonstrate that the use of high-powered incentives will be … limited by the need to soften product market competition. In particular, when managers can be compensated based on their own …
Persistent link: https://www.econbiz.de/10012473194
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Does Product Market Competition Reduce Agency Costs?
Jagannathan, Ravi - 2000
competitive industries, the negative relation between past returns and current leverage will be attenuated. Theory suggests that … distinguish firms in less competitive industries and data for 165 single business firms in the U.S.A., we provide empirical …
Persistent link: https://www.econbiz.de/10012471296
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Mergers and acquisitions
Auerbach, Alan J. (ed.) - 1988
Persistent link: https://www.econbiz.de/10013480864
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Communication within Firms : Evidence from CEO Turnovers
Impink, Stephen Michael; Prat, Andrea; Sadun, Raffaella - National Bureau of Economic Research - 2021
This paper uses novel, firm-level measures derived from communications metadata before and after a CEO transition in 102 firms to study if CEO turnover impacts employees' communication flows. We find that CEO turnover leads to an initial decrease in intra-firm communication, followed by a...
Persistent link: https://www.econbiz.de/10012599332
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Executive Compensation : Six Questions that Need Answering
Abowd, John M. - 1999
the executive. Agency theory remains the only viable candidate for answering the question about how executive compensation … compensation, in the context of agency theory. We suggest two fertile areas for research regarding the improvement of executive …
Persistent link: https://www.econbiz.de/10012471670