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One of the dominant changes in academics during the last 25 years has been the steadily growing political pressure on universities to strengthen their links with and knowledge transfers to external partners. This focus on university-industry collaboration has been accompanied by another...
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This paper proposes to exploit a reform in legal rules of corporate governance to identify contractual incentives from … monitoring incentives of shareholders, and reduced the discretionary power of executives in Germany. Pay-performance sensitivity …
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In this paper, we evaluate the impact of cartelisation and managerial incentives on the productive efficiency of German … affect productive efficiency. Controlling for corporate governance variables shows that stronger managerial incentives were …
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