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"We develop a model of internal governance where the self-serving actions of top management are limited by the potential reaction of subordinates. Internal governance can mitigate agency problems and ensure that firms have substantial value, even with little or no external governance by...
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This paper examines cross-country differences in labour policies and practices and employee performance and attitudes …) large establishment and country differences in work practices, performance, and attitudes toward work across countries; 2 … employee reports on the quality of labour-management relations and establishment average measures of employee performance 4) a …
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