Literature has tried to report whether high compensation differences between executives are linked to better firm performance. This study, based on tournament theory arguments, has attempted to provide new evidences in this line of research, using a sample of 120 Spanish listed firms. Results,...

This article characterizes the properties of the compensation scheme of delegated portfolio management that would lead to the selection of high risk-high return portfolios. In particular, it provides conditions under which a non-monotone payment structure emerges as an optimal contract, which...

Las deficiencias que registran los diferentes países de América Latina en los indicadores relacionados con el rendimiento escolar y la calidad educativa han sido un tema recurrente en la agenda política de los gobiernos de la región durante las últimas décadas. Diferentes estudios sugieren...

This paper analyses the fit between business strategy and human resources strategy, and its implications and effect on performance. A sample of 121 Andalusian co-operatives (small and medium sized firms) is used to evaluate the hypothesis through a questionnaire. Our findings reveal some support...

The main aim of this paper is to analyse the impact of human resource practices on business results. This study will follow the universalist and contingency approaches propounded in the literature (Delery and Doty, 1996; McMahan, Virick and Wright, 1999) in order to confirm their validity in the...

This article characterizes the properties of the compensation scheme of delegated portfolio management that would lead to the selection of high risk-high return portfolios. In particular, it provides conditions under which a non-monotone payment structure emerges as an optimal contract, which...

Literature has tried to report whether high compensation differences between executives are linked to better firm performance. This study, based on tournament theory arguments, has attempted to provide new evidences in this line of research, using a sample of 120 Spanish listed firms. Results,...

Spanish Abstract: Resumen del contenido de mi trabajo de fin de grado. Este caso aborda la situación de un accionista del Banco Popular y requiere considerar varios aspectos de la empresa y su entorno: financiero, contable, legal, regulatorio, comparación con empresas del sector.Se presenta un...

Spanish Abstract: La presente investigación se basa en los datos correspondientes a 93 trabajadores del Centro Interdisciplinario de Investigación para el Desarrollo Integral Regional Unidad Durango (CIIDIR), donde se evaluó la eficacia del líder desde la percepción del subordinado de...