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the CEO, then centralization or partial delegation can also be optimal. … based on authority rights and minimizing costs for implementing high efforts. Concentrated delegation and hierarchical … delegation turn out to be never an optimal compromise. If the CEO is more efficient than the division heads (i.e., the CEO …
Persistent link: https://www.econbiz.de/10010312979
based on authority rights and minimizing costs for implementing high efforts. Concentrated delegation and hierarchical … delegation turn out to be never an optimal compromise. If the CEO is more efficient than the division heads (i.e., the CEO …'s costs from exerting high effort are smaller than those of the division heads), the owner will prefer full delegation to the …
Persistent link: https://www.econbiz.de/10010293168
will choose centralization given that cooperation is the dominating issue, but partial delegation if selfish behavior is … delegation of authority to them to replace their high incentive pay by incentives based on private benefits of control. In that …, but concentrated delegation of full authority to a single division head is optimal for cooperation being crucial. If …
Persistent link: https://www.econbiz.de/10010333761
the CEO, then centralization or partial delegation can also be optimal. … based on authority rights and minimizing costs for implementing high efforts. Concentrated delegation and hierarchical … delegation turn out to be never an optimal compromise. If the CEO is more efficient than the division heads (i.e., the CEO …
Persistent link: https://www.econbiz.de/10010617907
will choose centralization given that cooperation is the dominating issue, but partial delegation if selfish behavior is … delegation of authority to them to replace their high incentive pay by incentives based on private benefits of control. In that …, but concentrated delegation of full authority to a single division head is optimal for cooperation being crucial. If …
Persistent link: https://www.econbiz.de/10010699425
based on authority rights and minimizing costs for implementing high efforts. Concentrated delegation and hierarchical … delegation turn out to be never an optimal compromise. If the CEO is more efficient than the division heads (i.e., the CEO …'s costs from exerting high effort are smaller than those of the division heads), the owner will prefer full delegation to the …
Persistent link: https://www.econbiz.de/10010632999
will choose centralization given that cooperation is the dominating issue, but partial delegation if selfish behavior is … delegation of authority to them to replace their high incentive pay by incentives based on private benefits of control. In that …, but concentrated delegation of full authority to a single division head is optimal for cooperation being crucial. If …
Persistent link: https://www.econbiz.de/10010198507
the CEO, then centralization or partial delegation can also be optimal. … based on authority rights and minimizing costs for implementing high efforts. Concentrated delegation and hierarchical … delegation turn out to be never an optimal compromise. If the CEO is more efficient than the division heads (i.e., the CEO …
Persistent link: https://www.econbiz.de/10009748623
Motivated by tropical deforestation, we analyze (i) a novel theory of resource extraction, (ii) the optimal conservation contract, (iii) when the donor prefers contracting with central rather than local governments, and (iv) how the donor's presence may induce institutional change. Deforestation...
Persistent link: https://www.econbiz.de/10010515399
This paper employs a cooperative approach to insurance group formation problems.The insurance group formation is analyzed in terms of stability with respect to one-person deviations.Depending on the exact contractual setting, three stability concepts are proposed: individual, contractual and...
Persistent link: https://www.econbiz.de/10011090669