Literature has tried to report whether high compensation differences between executives are linked to better firm performance. This study, based on tournament theory arguments, has attempted to provide new evidences in this line of research, using a sample of 120 Spanish listed firms. Results,...

This article characterizes the properties of the compensation scheme of delegated portfolio management that would lead to the selection of high risk-high return portfolios. In particular, it provides conditions under which a non-monotone payment structure emerges as an optimal contract, which...

Literature has tried to report whether high compensation differences between executives are linked to better firm performance. This study, based on tournament theory arguments, has attempted to provide new evidences in this line of research, using a sample of 120 Spanish listed firms. Results,...

Spanish Abstract: Resumen del contenido de mi trabajo de fin de grado. Este caso aborda la situación de un accionista del Banco Popular y requiere considerar varios aspectos de la empresa y su entorno: financiero, contable, legal, regulatorio, comparación con empresas del sector.Se presenta un...

Spanish Abstract: La presente investigación se basa en los datos correspondientes a 93 trabajadores del Centro Interdisciplinario de Investigación para el Desarrollo Integral Regional Unidad Durango (CIIDIR), donde se evaluó la eficacia del líder desde la percepción del subordinado de...

This article characterizes the properties of the compensation scheme of delegated portfolio management that would lead to the selection of high risk-high return portfolios. In particular, it provides conditions under which a non-monotone payment structure emerges as an optimal contract, which...

Literature has tried to report whether high compensation differences between executives are linked to better firm performance. This study, based on tournament theory arguments, has attempted to provide new evidences in this line of research, using a sample of 120 Spanish listed firms. Results,...

This article characterizes the properties of the compensation scheme of delegated portfolio management that would lead to the selection of high risk-high return portfolios. In particular, it provides conditions under which a non-monotone payment structure emerges as an optimal contract, which...

Spanish Abstract: Este artículo lleva a cabo un análisis conceptual acerca de la identidad organizacional y la imagen desde principios de los años sesenta hasta llegar a la última década. Se encuentra que tanto la imagen como la identidad han sido bastante discutidas en la literatura como...

Spanish Abstract: El documento trata de los métodos de retribución variable que se han generalizado en los últimos tiempos. Pone de manifiesto el papel que han jugado en los escándalos financieros y en la gestación de la crisis y analiza la propuesta de John Roberts de incentivos débiles,...