mitigating agency problems between managers and shareholders.We find that both the CEO's industry-adjusted monetary compensation …

contingent capital structures. These innovations may be applied in order to improve the integrated risk management process in the … non-financial companies in two ways: (1) as an alternative (substitute) to traditional risk management instruments (e …

-2001 period productivity growth accounted for all the growth in living standards. Large declines in average hours worked reduced … argues, productivity growth represents the only sustained avenue for living standards growth. With our level of aggregate … labour productivity 16 per cent below the US level, Canada has the potential to reduce much of the productivity gap with the …

The economic slowdown of 2001 reduced productivity growth in both the United States and Canada. This development has … raised the question of the sustainability or permanency of the pace of productivity growth experienced during the 1995 …-2000 period in the United States and the likelihood of robust U.S. productivity growth spreading to Canada. In this article …

Productivity research is Canada has traditionally focused on narrow economic issues. In our view, it has given … inadequate attention to the broader ramifications of productivity, both in terms of shedding light on the importance of … productivity for the advancement of various aspects of social progress and in terms of understanding the feedback mechanisms …

hypothesis that increased personal-tax progressivity negatively impacts management productivity and is manifested in reduced firm …This paper investigates the effect of personal-tax progressivity on management performance and agency costs by …