We analyze competition through incentive contracts for managers in duopoly. Privately informed managers exert surplus enhancing effort that generates an externality on the rival. Asymmetric information on imperfectly correlated shocks creates a two-way distortion of efforts under strategic...

The link between organizational structure and innovation has been a longstanding interest of organizational scholars, yet the exact nature of the relationship has not been clearly established. Drawing on the behavioral theory of the firm, we take a process view and examine how hierarchy of...

This article examines the relationship of executive level ties between firms and firm behavior. By doing so, the article places an emphasis on elites within corporations as actors in policy-making in a field that has been largely state-centric in its analysis. Taking corporate interests into the...