The objective of this article was to measure the level of adherence of the practices of corporate governance in Brazilian football clubs. The adoption of good practices of corporate governance has its purpose to guide the model of management of clubs and to increase the capacity of aggregation...

(VF)Cette revue de littérature vise à comprendre la relation entre les structures de propriété et les décisions d’investissement en R&D. En analysant la littérature scientifique qui s’est intéressée à cette problématique, nous constatons que la relation entre les structures de...

This study examines the idiosyncratic manager-specific influence on a corporate cash policy. Although traditional economic theories such as trade-off theory and agency theory have already contributed to a deeper understanding of corporate cash policy, we examine whether the integration of...

In our simple model the supervisor: i) cannot observe the agent's effort; ii) aims at inducing the agent to exert high effort; but iii) can only offer rewards based on performance. Since performance is only stochastically related to effort, evaluation errors may occur. In particular, deserving...

Environmental problems have become major headlines due to the negative effects they bring to the stability of the ecosystem. Thus, the increased awareness of social responsibility or, specifically, environmental concern is now a challenge facing the corporate world. Hence this study tests...

This paper explores performance measurement in incentive plans. Based on theory, we argue that differences in the nature of jobs between blue- and white-collar employees lead to differences in incentive systems. We find that performance measurement for white-collar workers is broader in terms of...