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...

Deskribapen osoa

Xehetasun bibliografikoak
Egile Nagusiak: Antón, M, Ederer, F, Giné, M, Schmalz, M
Formatua: Journal article
Hizkuntza:English
Argitaratua: University of Chicago Press 2023