Daher, Wassim; Aydilek, Harun; Karam, Fida; Aydilek, Asiye - HAL - 2012
. We shows that the degree of product differentiation does not affect the results found in the literature on insider … and the owners' profits are independent of the degree of product differentiation. The real market structure through the … degree of product differentiation is found to determine the level of the compensation scheme earned by the manager, the …