Monitoring the efforts versus aligning the incentives of managers with those of their stakeholders
I examine the case where a firm bids on a private contract. To win the award, the firm may choose to comply with a demand by the corrupt manager for a share of the value of the project to avoid being excluded from trade. My analysis shows that in countries with weak enforcement of property rights an...
محفوظ في:
| المؤلف الرئيسي: | |
|---|---|
| التنسيق: | article |
| منشور في: |
2015
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| الوصول للمادة أونلاين: | http://hdl.handle.net/10725/4943 http://dx.doi.org/10.22495/cocv13i1c8p2 http://libraries.lau.edu.lb/research/laur/terms-of-use/articles.php http://www.virtusinterpress.org/MONITORING-THE-EFFORTS-VERSUS.html |
| الوسوم: |
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