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In this dissertation, I study three resource allocation problems. In the first study, I present joint work with Yan Chen, Thomas Finholt, and Kan Takeuchi on a laboratory study evaluating three different package auction mechanisms for allocating access to large scientific equipments. I found...
Persistent link: https://www.econbiz.de/10009476663
to higher debt yields for externally advised REITs. We posit that compensating managers based on either assets under … management or on property-level cash flows creates incentives for managers to increase the asset base by issuing debt even if the …
Persistent link: https://www.econbiz.de/10009477257
Capital structure and corporate governance are the important areas that represent salient part of corporate finance research. By studying various aspects of the two areas, this study attempts to deepen our understanding of the two. First, this study provides both a theoretical model and...
Persistent link: https://www.econbiz.de/10009477896
We examine internal auditors' fraud risk decisions in response to variations in audit committee quality and management performance incentives. Using an experimental approach, we find that internal auditors serving in a either a self-assessment role or a due diligence role were sensitive to...
Persistent link: https://www.econbiz.de/10009459068
, incentives should have increased around SOX to induce more productive effort as managers voluntarily cut back on overstatements …
Persistent link: https://www.econbiz.de/10009482961
essential to intentivize executives and to retain valuable managers, repricing also creates a potential disincentive to …
Persistent link: https://www.econbiz.de/10009429057
managers to assume additional risk. As a result, CEOs naturally insist on the prospect of greater returns. In effect, CEOs have … options. If stock options are seen as a way for CEOs and other high-level managers to participate as equity partners in …
Persistent link: https://www.econbiz.de/10009432048
Minimum wage laws have become a key political issue, following on the heels of over 130 successful living wage campaigns around the country. In the debates surrounding these mandated wage floors, one recurring issue has been whether the legislation has wider-ranging impacts on wages than the...
Persistent link: https://www.econbiz.de/10009468221
This thesis explores the barriers/constraints that the SMME may experience whilst attempting to recover their skills levies from the wholesale and retail SETA (W&RSETA).Skills development legislation was introduced in South Africa to address the previous disparities in education and training....
Persistent link: https://www.econbiz.de/10009447167
delivered by HR in the FMCG, a series of interviews were conducted among retail store managers and their employees. The data was …
Persistent link: https://www.econbiz.de/10009447197