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| Author: | Barkema, H. |
| Title: | Do top managers work harder when they are monitored? |
| Journal: | Kyklos
1995 : VOL. 48:1, p. 19-42 |
| Index terms: | TOP MANAGEMENT WORK ECONOMICS |
| Language: | eng |
| Abstract: | This paper explores whether eclectic theory (principal-agent theory incorporating key insights of social exchange theory) leads to better predictions about internal control systems in corporations than does principal-agent theory. Eclectic theory is shown to be able to explain various "puzzles" for principal-agent theory. Moreover, several predictions are tested on 1985 data on 116 executive board members of medium-sized Dutch firms. |
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