haku: @author Zajac, E. / yhteensä: 6
viite: 6 / 6
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| Tekijä: | Beatty, R. Zajac, E. |
| Otsikko: | Managerial incentives, monitoring, and risk bearing: a study of executive compensation, ownership, and board structure in initial public offerings |
| Lehti: | Administrative Science Quarterly
1994 : JUN, VOL. 39:2, p. 313-335 |
| Asiasana: | INCENTIVES RISK MANAGEMENT |
| Kieli: | eng |
| Tiivistelmä: | The authors argue in this study that a resolution of the ambiguity and conflict surrounding executive compensation and corporate control practices requires a more unified perspective on top management compensation, ownership and corporate governance. Drawing from agency and organization research, the study develops and tests a contingency perspective on how organizations seek to ensure appropriate managerial behaviour through a balancing of trade-offs between incentive, monitoring, and risk-bearing arrangements. |
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