search query: @indexterm MANAGERIAL EFFECTIVENESS / total: 283
reference: 5 / 283
| Author: | Wright, D. J. |
| Title: | Managerial incentives and firm efficiency in the presence of competition for managers |
| Journal: | International Journal of Industrial Organization
2003 : MAR, VOL. 21:3, p. 419-437 |
| Index terms: | Managers Managerial effectiveness Competition |
| Language: | eng |
| Abstract: | In a moral hazard framework, where firms compete for managers with different degrees of risk aversion, it is shown that the firms that have the greater marginal benefit of effort implement payment schemes which induce greater manager effort and less x-inefficiency. |
SCIMA