Competition and ratchet hypothesis: How safe are manufacturing companies in Sub-Saharan Africa?
This study applied the conventional ratcheting notion that managers (agents) chose to restrict their performance because they anticipated that firms (principals) would respond to higher performance levels by raising targets or by cutting pay in a piece-rate labour environment. A cross-sectional pane...
Main Authors: | Olowofela, Olusola Enitan, Tonade, Akanbi M. A, Sanyaolu, Wasiu |
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Format: | Article |
Language: | English |
Published: |
UUM Press
2021
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Subjects: | |
Online Access: | https://repo.uum.edu.my/id/eprint/28992/1/MMJ%2025%202021%2049-72.pdf |
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