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Recruitment is often delegated to senior employees. Delegated recruitment, however, is vulnerable to moral hazard … because senior employees may avoid recruiting the best candidates who could threaten their future seniority. We find that … relates to the candidates type . Delegation is then superior to direct (owner) recruitment and offering tenure or guaranteed …
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This paper examines the potential role of higher education institutions in reducing labour market mismatch amongst new graduates. The research suggests that increasing the practical aspects of degree programmes, irrespective of the field of study, will reduce the incidence of initial mismatch....
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