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Due to the limited availability of firm-level compensation data, there is little empirical evidence on the impact of compensation plans on personal productivity. We study an international law firm that moves from high-powered individual incentives towards incentives for "leadership" activities...
Persistent link: https://www.econbiz.de/10010950814
drying up of liquidity. Financial firms raise short-term debt in order to finance asset purchases. When asset fundamentals …
Persistent link: https://www.econbiz.de/10008634651