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. Agency theory’s insistence on linking the compensation of managers and directors as closely as possible to firm performance …
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. Agency theory's insistence on linking the compensation of managers and directors as closely as possible to firm performance …
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. Agency theory's insistence on linking the compensation of managers and directors as closely as possible to firm performance …
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This paper analyzes awards as a means of motivation prevalent in the scientific community, but so far neglected in the economic literature on incentives, and discusses their relationship to monetary compensation. Awards are better suited than performance pay to reward scientific tasks, which are...
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