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Yes, managers should be paid like bureaucrats
Frey, Bruno S.; Osterloh, Margit - 2005
Corporate scandals, reflected in excessive management compensation and fraudulent accounts, cause considerable damage. Agency theory's insistence on linking the compensation of managers and directors as closely as possible to firm performance is a major reason for these scandals. They cannot be...
Persistent link: https://www.econbiz.de/10010261124
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Knight fever : towards an economics of awards
Frey, Bruno S. - 2005
Awards in the form of orders, medals, decorations and titles are ubiquitous in monarchies and republics, private organizations, not-for-profit and profit-oriented firms. Nevertheless, economists have disregarded this kind of non-material extrinsic incentive. The demand for awards relies on an...
Persistent link: https://www.econbiz.de/10010261193
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Community Enterprises: An institutional innovation
Frey, Bruno S.; Lüthi, Roger; Osterloh, Margit - 2011
Management research has long focused on the theory of the firm, studying for-profit organizations that produce privately owned resources based on central authority and within well-defined boundaries. In recent times, a new kind of enterprise has emerged that we call Community Enterprises. They...
Persistent link: https://www.econbiz.de/10010274756
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Trade Liberalization, Input Intermediaries and Firm Productivity: Evidence from China
Defever, Fabrice; Imbruno, Michele; Kneller, Richard - 2019
We investigate theoretically and empirically the role of wholesalers in mediating the productivity effects of trade … liberalization. Intermediaries provide indirect access to foreign produced inputs. The productivity effects of input tariff cuts on … firms experience productivity gains from reducing input tariffs if trade intermediation of foreign inputs within their …
Persistent link: https://www.econbiz.de/10012179786
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Cloud Computing and Firm Growth
DeStefano, Timothy; Kneller, Richard; Timmis, Jonathan - 2020
Cloud computing enables a shift in the costs of ICT adoption from investment in fixed capital to pay-on-demand services allowing firms to scale and reorganize. Using new firm-level data we examine the impact of cloud on firm growth, using zip-code-level instruments of the timing of high-speed...
Persistent link: https://www.econbiz.de/10012227646
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Globalization and productivity
Greenaway, David (contributor); Görg, Holger (contributor);  … - 2008
globalization and productivity growth. The editors' careful selection includes articles that focus on the impact of globalization on … aggregate productivity, openness, international technology diffusion, and trade adjustment and productivity growth. Other topics … exporting and productivity. The set will be an essential reference point for researchers, students and policy-makers concerned …
Persistent link: https://www.econbiz.de/10011852225
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Trade Liberalization, Input Intermediaries and Firm Productivity : Evidence from China
Defever, Fabrice - 2019
We investigate theoretically and empirically the role of wholesalers in mediating the productivity effects of trade … liberalization. Intermediaries provide indirect access to foreign produced inputs. The productivity effects of input tariff cuts on … firms experience productivity gains from reducing input tariffs if trade intermediation of foreign inputs within their …
Persistent link: https://www.econbiz.de/10012857766