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Although, in theory, a considerable amount of literature emphasizes the significance of employee incentive pay, there is not much empirical research indicating their dispersion in practice. The primary purpose of this study is to explore the level of implementation of various incentives in three...
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corporations, managers own enough of their firms' voting rights to be able to decide with relative impunity how they will be …
Persistent link: https://www.econbiz.de/10013126272
questionnaire responses from 751 top executives and middle managers in small and medium enterprises, we find that SPE is negatively …
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Using a comprehensive hedge fund database, we examine the role of managerial incentives and discretion in hedge fund performance. Hedge funds with greater managerial incentives, proxied by the delta of the option-like incentive fee contracts, higher levels of managerial ownership, and the...
Persistent link: https://www.econbiz.de/10009524828
Top management faces two key organizational design choices: (1) how much authority to delegate to lower-level managers …, and (2) how to design incentive compensation to ensure that these managers do not misuse their discretion. Although … evidence on the joint nature of the delegation and incentive compensation choices for lower-level managers. A simultaneous …
Persistent link: https://www.econbiz.de/10014034777
for monitoring managers in Saudi Arabia through a survey. A questionnaire that was developed and employed by Elyas (2015 …
Persistent link: https://www.econbiz.de/10013405907
Research into group decision-making suggests that any optimal managerial compensation incentive design should incorporate synergistic interrelationships among top executives within a firm. This paper investigates whether the equity incentive structure of a management team affects firm-level...
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