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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Bibliographic Details
Main Author: Ribeiro, Humberto (author)
Other Authors: Fonseca, Cristina (author)
Format: conferenceObject
Language:eng
Published: 2013
Subjects:
Online Access:http://hdl.handle.net/10198/8310
Country:Portugal
Oai:oai:bibliotecadigital.ipb.pt:10198/8310