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pay and performance. To the extent that product-market competition can affect the incentive schemes offered by firms to … their executives, the analysis of the effects of competition on the structure of compensation may be informative for policy …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10011427661
Persistent link: https://ebvufind01.dmz1.zbw.eu/10010473418
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013258734
How do firms modify CEO risk-incentive compensation in response to increased foreign competition? Theoretically we show … the answer is ambiguous: increased competition can result in firms either increasing or decreasing the CEO's risk … in response to increases in foreign competition firms adjust CEO risk-incentive compensation downwards – a result that is …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012852792
green technologies is endogenously determined as a result of competition among coalitions. We examine a setting where the … coalition is socially optimal and therefore yields a win-win outcome …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10013029948
decide whether to enter an idea competition, resembling early entrepreneurial stages. In Study 2, participants performed a … male-typed task consisting of solving mazes that required participants to perform under competition, similar to later …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10014348792
This paper investigates the effect of superstar CEOs on their competitors. Exploiting shocks to CEO status due to prestigious media awards, we document a significant positive stock market performance of competitors of superstar CEOs subsequent to the award. The effect is more pronounced for...
Persistent link: https://ebvufind01.dmz1.zbw.eu/10011344197
make important contributions to the study of price competition models. In this tutorial, we review these contributions, and … partition them into five broad areas. Most of the tutorial is devoted to the last and most recent category: price competition …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012956388
skeptical about undisclosed quality. We show that neither competition nor the presence of sophisticated consumers necessarily …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012915505
the joint profit maximization is non-negative: As the number of buyers increases, competition is neutralized because only …
Persistent link: https://ebvufind01.dmz1.zbw.eu/10012919288