uses two competing theories (i.e. agency and power theory) to providea fuller explanation of the subtleties of the pay … performance. As with previous studies on executive bonus pay this associationremains weak. By implication, power theory is not … compensation, as agency theory would predict; (3) cash bonuses encourageshort-term achievement, as predicted by power theory; (4 …

-establish credibility during periods of hyperinflation or of economic transition. The importance of monetary unions is a consequence of the … nevertheless a currency board has a credibility advantage compared to a standard fixed exchange rate regime when the time …

Offenlegung von Managergehältern zu verringerten Kosten für Beteiligungskapital und/oder erhöhten Aktienkursen führt. Die …

Ausgangspunkt der vorliegenden Arbeit ist die Feststellung, dass sich die ?konomische Theorie trotz der mehr als 160j … until very recently did not deal with economic theory. This applies in particular to the investigation of the role media can …

Neo-classical microeconomic theory has been suggested to offer (1) an appropriate analytical tool for construction … in general makes the task of estimating costs and prices difficult in practice. Therefore, although neoclassical … microeconomic theory provides a useful means of analysis, it offers little for the practice of pricing, which is much more closely …