Late entry, market shares and competitive survival: The case of synthetic fibers

On the impact of managerial bonus system

On the impact of managerial bonus systems on firm profit and market competition: the cases of pure profit, sales, market share and relative profits compared

✍ Thijs Jansen; Arie van Lier; Arjen van Witteloostuijn 📂 Article 📅 2009 🏛 John Wiley and Sons 🌐 English ⚖ 185 KB

## Abstract By designing remuneration schemes based on a bonus rewarding specific firm‐level outcomes, the owners/shareholders of a firm can manipulate the behavior of their managers. In practice, different bonus anchors take center stage: some are profit‐based, others use sales as the key yardstic