How compensation policy based on EVA performance reduces the conflict between managers and shareholders
There is a well-known conflict between managers and shareholders, superbly illustrated by the agency theory. A way for shareholders to ensure that managers will perform optimally, by taking the best actions and decisions, is to tie managers’ compensation to the performance of the firms. However, how...
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Format: | conferenceObject |
Language: | eng |
Published: |
2013
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Online Access: | http://hdl.handle.net/10198/8310 |
Country: | Portugal |
Oai: | oai:bibliotecadigital.ipb.pt:10198/8310 |