Showing 1 - 10 of 229
Despite unanimous agreement in the existing literature that morale influences employee performance, no well … between positive attitudes toward work and morale, and a positive correlation between performance assessment and morale …
Persistent link: https://www.econbiz.de/10005652666
We analyze the effect of ownership on post-privatization performance in a virtually complete population of medium and …, private ownership tends to be associated with superior performance in terms of some indicators but not others, and dispersed … ownership results in better or equal performance than more concentrated forms of ownership. …
Persistent link: https://www.econbiz.de/10005784695
-making, exporting and performance. It is found that managers’ independence is positively associated with firms’ financial performance … performance, (ii) board participation of foreign stakeholders, on the other hand, enhances the firm’s export orientation and … performance by encouraging executives’ decision-making autonomy. …
Persistent link: https://www.econbiz.de/10005784774
We analyze the effects of ownership type and concentration on performance of a population of firms in a model large … that few types of private ownership improve dynamic post-privatization performance. Concentrated foreign (but not domestic …) ownership improves some measures of performance relative to state ownership. Foreign investors engage in strategic restructuring …
Persistent link: https://www.econbiz.de/10005652527
We analyze the effect of ownership on post-privatization performance in a virtually complete population of medium and … ownership improves economic performance, but domestic private ownership does not, relative to state ownership. Foreign firms … increasing profit. Ownership concentration is associated with superior performance, thus providing support to the agency theory …
Persistent link: https://www.econbiz.de/10005652658
performance and both CEO and firm specific fixed effects. The hypothesis is that corporate governance, ownership structures and … component and the performance-related component of pay. In contrast, the presence of outside representatives on the board - non … lowers the level of pay and that of non-executives ties pay more to firm performance. A further timely finding is that the …
Persistent link: https://www.econbiz.de/10005162824
This paper examines the use of incentive pay schemes within the financial services sector in London. Various theories of wage determination are reviewed with particular attention placed on the principal-agent literature as a framework for analysing the use of incentive pay. This is combined with...
Persistent link: https://www.econbiz.de/10005688017
weakening executive pay-performance link and thus possibly making China’s listed firms less effective in solving the agency …
Persistent link: https://www.econbiz.de/10005677675
related to labour cost but this positive effect is significantly weaker for firms with weak financial performance than those … with strong financial performance. These results provide support to the view that foreign investors take both monitoring …
Persistent link: https://www.econbiz.de/10010614658
We examine the impact of acquisitions on executive pay in UK acquirers over 1984-2001. For the overall sample, which includes foreign, domestic, public and private targets, there is a significant transitory pay increase. Pay changes are not affected by target nationality or organizational form,...
Persistent link: https://www.econbiz.de/10005813000