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An equilibrium model of managerial compensation

Magill, Michael (contributor); Quinzii, Martine (contributor) - 2005

Persistent link: https://www.econbiz.de/10003230618

Chemla, Gilles; Rivera, Alejandro; Shi, Liyan - 2021

executive pay, it increases the cost to other firms to retain their managers, in turn forcing them to raise and front-load their …

Persistent link: https://www.econbiz.de/10013223925

Positional wages, market wages and firm size

Brink, René van den; Ruys, Pieter H. M. - 2005

Persistent link: https://www.econbiz.de/10002618082

Positional Wages, Market Wages and Firm Size

van den Brink, René; Ruys, Pieter H. M. - 2005

We model a firm in an institutional market setting, consisting of a production technology and its governance. The governance consists of a hierarchical firm structure, a cost efficiency parameter,and an internal pay system. The depth of the firm is determined by profit maximization under the...

Persistent link: https://www.econbiz.de/10014028249