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Who’s Paying Attention? Measuring Common Ownership and Its Impact on Managerial Incentives
Gilje, Erik - 2019
We derive a measure that captures the extent to which common ownership shifts managers' incentives to internalize … analyzing whether the growth of common ownership affects managerial incentives …
Persistent link: https://www.econbiz.de/10012899520
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Partial Ownership and Strategic Alliances with Reallocation of Corporate Resources
Osano, Hiroshi - 2012
viewpoint of specific investment incentives in strategic alliances under the possibility of the reallocation of corporate …
Persistent link: https://www.econbiz.de/10013117049
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Moral hazard and the property rights approach to the theory of the firm
Schmitz, Patrick W. - 2019
Persistent link: https://www.econbiz.de/10012179468
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Moral hazard and the property rights approach to the theory of the firm
Schmitz, Patrick W. - In: Economics letters 186 (2020), pp. 1-4
Persistent link: https://www.econbiz.de/10012503648
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When should control be shared?
Milgrom, Eva M. Meyersson; Milgrom, Paul; Singh, Ravi - In: Management science : journal of the Institute for … 69 (2023) 1, pp. 404-418
Persistent link: https://www.econbiz.de/10014289637
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Separation of ownership and control : delegation as a commitment device
Boukouras, Aristotelis - 2015
Persistent link: https://www.econbiz.de/10011287665
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Separation of ownership and control : delegation as a commitment device
Boukouras, Aristotelis - 2011
This paper provides a theoretical model for explaining the separation of ownership and control in firms. An entrepreneur hires a worker, whose effort is necessary for running a project. The worker's effort determines the probability that the project will be completed on time, but the worker...
Persistent link: https://www.econbiz.de/10010348626
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The provision of incentives in long-term relationships
Herbold, Daniel - 2015
Persistent link: https://www.econbiz.de/10011305442
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Confining the coase theorem : contracting, ownership, and free-riding
Ellingsen, Tore; Paltseva, Elena - In: The review of economic studies 83 (2016) 2, pp. 547-586
Persistent link: https://www.econbiz.de/10011630842
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The effects of managerial discretion on moral hazard related behaviour : German evidence on agency costs
Engelen, Christian - In: Journal of management & governance 19 (2015) 4, pp. 927-960
Persistent link: https://www.econbiz.de/10011374094