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Do managers with limited liability take more risky decisions? : an information acquisition model
Malcomson, James M. - In: Journal of economics & management strategy : JEMS 20 (2011) 1, pp. 83-120
Persistent link: https://www.econbiz.de/10008909495
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Do managers with limited liability take more risky decisions? : an information acquisition model
Malcomson, James M. - 2009
Persistent link: https://www.econbiz.de/10003882560
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Do managers with limited liability take more risky decisions? An information acquisition model
Malcomson, James M. - 2010
Risk-neutral individuals take more risky decisions when they have limited liability. Risk-neutral managers may not when acting as agents under contract and taking costly actions to acquire information before taking decisions. Limited liability makes it optimal to increase the reward for outcomes...
Persistent link: https://www.econbiz.de/10010275809
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Do managers with limited liability take more risky decisions? : an information acquisition model
Malcomson, James M. - 2010
Risk-neutral individuals take more risky decisions when they have limited liability. Risk-neutral managers may not when acting as agents under contract and taking costly actions to acquire information before taking decisions. Limited liability makes it optimal to increase the reward for outcomes...
Persistent link: https://www.econbiz.de/10003937594
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Do Managers with Limited Liability Take More Risky Decisions? An Information Acquisition Model
Malcomson, James M. - 2021
Risk-neutral individuals take more risky decisions when they have limited liability. Risk-neutral managers may not when acting as agents under contract and taking costly actions to acquire information before taking decisions. Limited liability makes it optimal to increase the reward for outcomes...
Persistent link: https://www.econbiz.de/10013316254
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Needed: more economic analyses of management
Roberts, John - In: International journal of the economics of business 25 (2018) 1, pp. 3-10
Persistent link: https://www.econbiz.de/10011881431
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Relative performance evaluation for chief executive officers
Gibbons, Robert; Murphy, Kevin James - 1989
Persistent link: https://www.econbiz.de/10000765818
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Optimal incentive contracts in the presence of career concerns : theory and evidence
Gibbons, Robert; Murphy, Kevin James - 1991
Persistent link: https://www.econbiz.de/10000819682
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Optimal incentive contracts in the presence of career concerns : theory and evidence
Gibbons, Robert - In: Journal of political economy 100 (1992) 3, pp. 468-505
Persistent link: https://www.econbiz.de/10001129422
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Does executive compensation affect investment?
Gibbons, Robert; Murphy, Kevin James - 1992
Persistent link: https://www.econbiz.de/10000136731