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Contrary to previous literature we hypothesize that labor's interest may well – like that of shareholders – aim at securing the long-run survival of the firm. Consequently, employee representatives on the supervisory board could well have an interest in increasing incentive-based...
Persistent link: https://www.econbiz.de/10011526742
managers and thus possibly making China's listed firms less effective in solving the agency problem. As such, ownership … restructuring may be needed for China to successfully transform its SOEs to efficient modernized corporations and reform its overall …
Persistent link: https://www.econbiz.de/10003225948
The core role of managerial accounting is to provide information to facilitate managers' decisions and influence their … experiment in a large retail chain. In a 2 × 2 factorial design, we vary: (i) whether store managers obtain access to decision … different behavioral channels. In particular, managers make use of the information provided by placing higher-margin products …
Persistent link: https://www.econbiz.de/10012487017
Using German establishment data, we show that the relationship between intensity of performance pay and intensity of applicant screening depends on the nature of production. In establishments with increased multitasking, performance pay is positively associated with applicant screening. By...
Persistent link: https://www.econbiz.de/10011631541
bonuses under a Management-by-Objectives (MBO) incentive scheme. Six years of personnel data of 177 managers in a German …
Persistent link: https://www.econbiz.de/10009681440
Persistent link: https://www.econbiz.de/10001750022
restructuring may be needed for China to successfully transform its SOEs to efficient modernized corporations and reform its overall …
Persistent link: https://www.econbiz.de/10003759900
ownership and supervisory board size, we do find significant entrenchments effects associated with ownership by managers …
Persistent link: https://www.econbiz.de/10003894422
This paper studies the effect on company performance of appointing non-executive directors that are also executive directors in other firms. The analysis is based on a new panel dataset of UK companies over 2002-2008. Our findings suggest a positive relationship between the presence of these...
Persistent link: https://www.econbiz.de/10010246653
the nature of Chaebols in Korea and the current corporate governance reform efforts in Korea that are aimed mostly at …
Persistent link: https://www.econbiz.de/10003225965