, however, no evidence that the efficiency and performance of mutuals are poorer that that of incorporated financial firms. In …, abilities and feasibilities of managers and members of mutuals. Mutuality raises specific corporate governance issues: Corporate … therefore no effective market in corporate control. Consequently, there is ample scope for mutuals to be inefficient. There is …

problems in the home country, with a lesser factor being the weak performance of the foreign subsidiary. …

performance in financial institutions and in financial regulation and supervision all over the world. The contributors to the … decisionmakers have a better chance of showing good performance in the future. In essence, they are looking for new paradigms in …

solely on monetary incentives, such as pay-for-performance schemes? One tool that has shown promise in recent decades for … improving worker performance is setting goals, whether they are assigned by management or self-chosen. Goals are powerful …

.g., managerial shirking and free-riding) and the performance of governance choice. We test several organizational fit hypotheses on a …