To examine the impact of globalization on managerial compensation, we consider a matching model where firms compete both in the product market and in the managerial market. We show that globalization, that is, the simultaneous integration of product markets and managerial pools, leads to an...

We study the role of transparency in a novel three-person profit sharing game in which managers and board directors decide on how to distribute the revenues of a company among themselves and shareholders, who are the residual claimants of the companies revenues. We examine two hypotheses. One is...

Insights of empirical research -- Executive preference for compensation structure and normative myopia : a business and society research project / Diane L. Swanson and Marc Orlitzky -- Does firm performance reduce managerial opportunism? : the impact of performance based compensation and firm...