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further improved the terms of unlimited partners in limited firms. These findings highlight the roles of risk, incentives, and … shares than their unlimited partners. Unlimited partners in turn received higher-powered incentives when they contracted with …
Persistent link: https://www.econbiz.de/10013149290
findings highlight the roles of risk, incentives, and bargaining power in shaping contracts … higher-powered incentives when they contracted with limited partners than when they contracted with unlimited partners. A …
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paper focuses on the incentives of private parties to make these offers to begin with. We consider a model where sole …
Persistent link: https://www.econbiz.de/10002256003
The operating agreements of many business ventures include clauses to facilitate the exit of joint owners. In so-called Texas Shootouts, one owner names a single buy-sell price and the other owner is compelled to either buy or sell shares at that named price. Despite their prevalence in...
Persistent link: https://www.econbiz.de/10014209385
paper focuses on the incentives of private parties to make these offers to begin with. We consider a model where sole …
Persistent link: https://www.econbiz.de/10014071266
The operating agreements of many business ventures include clauses to facilitate the exit of joint owners. In so-called Texas Shootouts, one owner names a single buy-sell price and the other owner is compelled to either buy or sell shares at that named price. Despite their prevalence in...
Persistent link: https://www.econbiz.de/10013133486
Persistent link: https://www.econbiz.de/10013253968