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corporations, managers own enough of their firms' voting rights to be able to decide with relative impunity how they will be …
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theory, and agency theory all suggest that we might have expected to find quite different practices than we do observe. In …
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financial performance based on corporate awards in SOEs are both stronger than in non-SOEs. Moreover, when managers cannot fully … obtain other forms of incentives (such as perk consumption or equity incentives), the effect of corporate awards on managers …
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