Common ownership, competition, and top management incentives
We present a mechanism based on managerial incentives through which common ownership affects product market outcomes. Firm-level variation in common ownership causes variation in managerial incentives and productivity across firms, which leads to intraindustry and intrafirm cross-market variation in...
| Main Authors: | , , , |
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| Format: | Journal article |
| Language: | English |
| Published: |
University of Chicago Press
2023
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