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particular, we test whether decision makers in multi-stage tournaments take heterogeneity induced changes of continuation values …-professional basketball tournaments, we find that effort is negatively affected by the ability of the current opponent, consistent with the …
Persistent link: https://www.econbiz.de/10011396897
particular, we test whether decision makers in multi-stage tournaments take heterogeneity induced changes of continuation values …-professional basketball tournaments, we find that effort is negatively affected by the ability of the current opponent, consistent with the …
Persistent link: https://www.econbiz.de/10011379488
particular, we test whether decision makers in multi-stage tournaments take heterogeneity induced changes of continuation values …-professional basketball tournaments, we find that effort is negatively affected by the ability of the current opponent, consistent with the …
Persistent link: https://www.econbiz.de/10011407819
Persistent link: https://www.econbiz.de/10011441053
Persistent link: https://www.econbiz.de/10011392644
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On theoretical grounds, monitoring of top executives by the (supervisory) board is expected to be value relevant. The empirical evidence is ambiguous and we analyze three non-competing explanations for this ambiguity: (i) The positive effect on firm value of board monitoring is hidden in stock...
Persistent link: https://www.econbiz.de/10011453242
On theoretical grounds, monitoring of top executives by the (supervisory) board is expected to be value relevant. The empirical evidence is ambiguous and we analyze three non-competing explanations for this ambiguity: (i) The positive effect on firm value of board monitoring is hidden in stock...
Persistent link: https://www.econbiz.de/10013316805
Persistent link: https://www.econbiz.de/10003778024
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