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Unlike performance incentives for private sector managers, little is known about performance incentives for managers in … public sector bureaucracies. Through a randomized trial in rural China, we study performance incentives rewarding school …
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This paper examines the role that managerial equity incentive schemes have on corporate innovation outcomes in developing economies. Utilizing a large and representative sample of Chinese publicly listed firms, we show that while managerial equity incentive schemes have a positive average effect...
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