competition. We construct a score measuring a firm's effort of catering to customers' social preference and find it is positively …, higher SP scores lead to superior operating and competition performance in competitive industries. Second, higher SP scores … lower financial distress risk in presence of competition pressures. The results suggest social investments can benefit …

We model the interaction between product market competition and internal governance at firms. Competition makes it more … changes in the level of slack. We also provide conditions under which increased competition leads all firms to switch from …

This study examines the effects of product market competition on corporate investment and firm value and the moderating …, our results depict that product market competition significantly influences corporate investment and firm value in BRIC … competition on corporate investment and firm value at Brazilian, Russian, Indian, and Chinese firms. The study's findings …

, the Financial Crisis, and foreign incorporations. We attribute this change to increasing charter competition, both within …

leverage and product-market competition as predictors of financial distress hazard; and lack of attention to frailty as a … a managerial effort problem, mitigated by leverage and product-market competition as substitute disciplining devices … effect of leverage on financial distress hazard is inverted-U-shaped; (ii) the effect of the competition is U-shaped; and …

bargain over the pay scheme to the latter. The bargaining outcome depends both on competition for agents and on the relative … rate depend on competition and bargaining power. We also analyze the nature of contracts when the agent is overconfident. …

product market competition. The paper characterizes headquarters' decision to retain managers and allocate capital for … different degrees of product market competition and fundamental parameters in the VC markets. The paper shows that distortions …