A multi-tournament environment is analyzed, focusing on the impact of organizer market structure on agent entry behavior. Two high ability agents first decide which tournament to enter (with fields then filled by low ability agents). If the marginal benefit of high ability agents in an event is...

We study the agency problem between a firm and its research employees. In a multi-agent contracting setting, we show explicitly the way in which the optimal incentive regime is a function of how agents' efforts interact with one another: relative-performance evaluation is used when their efforts...

In 1984 and 2000, significant changes were made to the tax treatment of employee stock options in Canada. Although designed to increase the use of stock options as a compensation vehicle (1984) and decease the loss of knowledge workers (2000), we argue that these tax changes were largely...

We provide empirical evidence on the positive effect of non-executive employee stock options on corporate innovation. The positive effect is more pronounced when employees are more important for innovation, when free-riding among employees is weaker, when options are granted broadly to most...

New international standards for environmental auditing are now being actively promoted by public authorities and adopted by private firms. One important feature of these standards is their emphasis on managerial systems and incentives that support a wiser use of environmental resources. This...

Global warming and climate change are the outcomes of excessive carbon emissions (CO2) from the consumption of fossil fuels. To reduce the volume of CO2 and to overcome this challenging environmental problem, it is imperative to encourage renewable energy consumption (REC). Furthermore,...

Global warming and climate change are the outcomes of excessive carbon emissions (CO2) from the consumption of fossil fuels. To reduce the volume of CO2 and to overcome this challenging environmental problem, it is imperative to encourage renewable energy consumption (REC). Furthermore,...

Исследованы аспекты развития и становления экологического аудита в стране. Одними из первоочередных вопросов является несовершенство и развитие действующего...

Grounded methodological foundations of environmental audit objects in the agricultural sector. Systematized main objectives and principles of environmental auditing in the agricultural domain. The proposed system of methods and procedures for environmental audits in the agricultural sector.