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their managers. Increases in managerial reservation wages lead to a reduction in corporate governance investments and a rise … in performance compensation since monitoring managers becomes less efficient. Using data on CEO compensation and …
Persistent link: https://www.econbiz.de/10011345788
their managers. Increases in managerial reservation wages lead to a reduction in corporate governance investments and a rise … in performance compensation since monitoring managers becomes less efficient. Using data on CEO compensation and …
Persistent link: https://www.econbiz.de/10010529476
managers pay a higher portion of salaries under the table. A one standard deviation increase in PTC is associated with a 7 …
Persistent link: https://www.econbiz.de/10013091347
and mechanics compared with leaders who were principally managers or engineers with degrees. There is a notable …
Persistent link: https://www.econbiz.de/10009568597
The motivation crowding effect suggests that an external intervention via monetary incentives or punishments may undermine (and under different indentifiable conditions strengthen) intrinsic motivation. As of today, the theoretical possibility of crowding effects is widely accepted among...
Persistent link: https://www.econbiz.de/10013321359
This paper examines listing location as a managerial decision by using a sample of IPOs of Chinese entrepreneurial firms in mainland China, the United States and Hong Kong. We find that Chinese entrepreneurial firms managed by CEOs with international experience are more likely to undertake...
Persistent link: https://www.econbiz.de/10012853082
managers. Some authors have pointed out that neither the formal governance institutions (i.e. the composition of the different …
Persistent link: https://www.econbiz.de/10013046348
This paper examines contracts and the costs of accessing private markets globally. Contract terms vary by fund region … 8% in annualized terms. While managers set fees that effectively capture excess returns, there is limited evidence of …
Persistent link: https://www.econbiz.de/10014255326
We conduct a large-scale global study of ESG-linked pay for major firms that make up 85% of the market capitalization across 59 countries. We find that the pay adoption is higher for firms in extractive and utility industries, in countries that value individualism and femininity, have stronger...
Persistent link: https://www.econbiz.de/10014355440
Research Question/Issue: We examine whether linking executive compensation to climate-related performance is associated with better firm-level climate change impact. We also explore the interaction of culture and climate-linked incentive compensation with climate change impact.Research...
Persistent link: https://www.econbiz.de/10014243010