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 …

It is often claimed that (i) managers work too hard on operational issues and do not spend enough effort on strategic …

situation, and managers need to realize that individual bonus plans are not a panacea to motivate employees. …

incentivizes managers to perform better and thus saves on the cost of providing pay for performance. However, when managerial … talent is scarce, firms compete to attract better managers. This reduces an individual firm's incentives to invest in … by other firms' governance. In equilibrium, better managers end up at firms with weaker governance, and conversely …

affected by, the choice of governance by other firms. Firms with weaker governance offer managers more generous incentive …