Showing 1 - 6 of 6
Using political mobility data for 189 leaders from China’s central state-owned enterprise (CSOEs) in 2008-2011, for the first time this paper investigates the mechanism of political turnover for leaders as quasi-government officers in CSOEs. We find that: (1) the likelihood of promotion of...
Persistent link: https://www.econbiz.de/10015238981
This paper attempts to analyze corporate tax evasion in a principal-agent framework. We assume that the firm's profit is positively related to managerial effort and that the executive compensation is profit-based. In addition, we consider the situation where the manager might underreport the...
Persistent link: https://www.econbiz.de/10009216313
In this paper, infinitely repeated prisoner's dilemma game as a benchmark being used to build a new model as the payoff matrix of an evolutionary game dynamics, with the comparative study of game performances between the behavior- pattern “tit for tat” and the behavior-pattern “always...
Persistent link: https://www.econbiz.de/10015233077
In this paper, in order to study the strategic interactions between “cooperation”, “defection” and “altruistic punishment”, a mutation-selection dynamics, with the Prisoner's Dilemma as the background, has been established on an embedded Markov chain, proved the following...
Persistent link: https://www.econbiz.de/10015233078
In this paper, in order to study the strategic interactions between “cooperation”, “defection” and “altruistic punishment”, a mutation-selection dynamic, with the Prisoner's Dilemma as the background, has been established on an embedded Markov chain, proved the following conclusions:...
Persistent link: https://www.econbiz.de/10015233242
Because the interests of the manager and the organization are not necessarily coincident, the principal-agent problem arises in the process of recruitment. The standard of employment and the motive in the manager's mind may influence the result of recruitment. The present paper analyzes a game...
Persistent link: https://www.econbiz.de/10008541455