search query: @indexterm PAY INCENTIVES / total: 165
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| Author: | Rodriguez, G.C. Concepcion A-D.E. Ramon, V.C. |
| Title: | Incentives management during privatization: An agency perspective |
| Journal: | Journal of Management Studies
2007 : JUN, VOL. 44:4 p. 536-560 |
| Index terms: | incentives PAY INCENTIVES management privatization |
| Language: | eng |
| Abstract: | This study shows, through a field research and from an agency perspective, how monitoring and incentive alignment mechanisms change to support the interests of a privatized firm's new ownership. The authors found that differences in incentives management before and after privatization are because of different agency relations in the two periods. The authors also argue that in a privatization framework the connection between monitoring and incentive placement mechanisms is complex, not only subsitutive as agency theory would predict. |
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