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On the theory of the competitive firm with a utility function defined on profits and regret

✍ Scribed by Jacob Paroush; Itzhak Venezia

Book ID
115874289
Publisher
Elsevier Science
Year
1979
Tongue
English
Weight
662 KB
Volume
12
Category
Article
ISSN
0014-2921

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On the impact of managerial bonus system
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✍ Thijs Jansen; Arie van Lier; Arjen van Witteloostuijn πŸ“‚ Article πŸ“… 2009 πŸ› John Wiley and Sons 🌐 English βš– 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