Are Pay Decisions Based on Pre-Contract Efficiency Necessarily Correct? Evidence From Players Contracts of National Basketball Association

This article explores whether pay decisions based on pre-contract efficiency are necessarily correct. Overcoming methodology problems of previous studies, we use each player’s contract of National Basketball Association (NBA) as an observation. The empirical results show that managers indeed pay the...

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Bibliographic Details
Main Authors: Riguang Wen, Qun Cao, Huijuan Wang
Format: Article
Language:English
Published: SAGE Publishing 2023-11-01
Series:SAGE Open
Online Access:https://doi.org/10.1177/21582440231204149