How does product market competition shape incentive contracts?

The Effect of Competition on Executive Compensation and Incentives

On the other hand, if competition reduces the firm's size, it also reduces the value of a given cost-reduction to the owner, and owners are ...

The Dark Side of Competition in Developing Economies - OUCI

... 10.1016/j.jcorpfin.2018.01.007; C H Cu at, How does product market competition shape incentive contracts, Journal of the European Economic Association, № 3, с.

A Study on the Design of Incentive Contracts for Platform Economy ...

A win–win scenario and a long-term, stable cooperative partnership can be reached by the three parties under the ideal incentive intensity. The study's ...

Endogenous managerial incentive contracts in a differentiated ...

... products are sufficiently homogeneous,. i.e. γ > 0.666, and competition among managers for gaining market share is too fierce. Third, regarding the relative ...

Optimal CEO Incentives and Industry Dynamics

The choice of high-powered incentives optimally trades off the benefits from expected product improvements and the associated agency costs. In ...

Globalization and the Provision of Incentives inside the Firm

[10] Cuñat, Vicente; Guadalupe, Maria (2005), 'How Does Product Market Competition. Shape Incentive Contracts?', Journal of the European Economic Association ...

The Effect of Trade Liberalization Working Paper

Copies of working papers are available from the author. The Flattening Firm and. Product Market Competition: The Effect of Trade. Liberalization. Maria ...

Competition and the Incentive to Produce High Quality

In this case competition for market share can be. 'ruinous', not only for firms' profits, but also for high-quality production.2. Accordingly, the institutional ...

Paying off the Competition: Market Power and Innovation Incentives

By filing a Para-IV entry certification, the generic maker declares that its product does not infringe on a patent or that patent is invalid. Figure. 1 ...

Endogenous Costs, Market Competition, and Disclosure - PubsOnLine

Our analysis indicates that consumers are worse off with cost disclosure when competing firms source from the same supplier or compete on price ...

The Flattening Firm, Incentive Pay, and Increasing Product Market ...

The Flattening Firm, Incentive Pay, and Increasing Product Market Competition from Trade Shocks ... A central assumption is that there is ... contracts for division ...

Incentive Contracts and the Allocation of Talent - Wiley Online Library

The impact of product market competition on managerial incentives is ... 'How does product market competition shape incentive contracts',.

Knowledge Spillovers, Competition, and R&D Incentive Contracts

and Guadalupe, M., 2005: "How Does Product Market Competition Shape Incentive Con- tracts?", Journal of the European Economic Association, 3 ...

Market Competition and the Effectiveness of Performance Pay

Weak competition discourages effort response to PfP because there is little residual market to gain from rivals, whereas strong competition weakens incentives ...

Does Competition Make Firms More Efficient?

Cunat, Vicente and Maria Guadalupe, “How does product market competition shape incentive contracts?,” Journal of the European Economic Association, 2005, 3, ...

Does product market competition discipline managers? Evidence ...

SICs as delineators of economic markets. J. of Business 62, 17–31. Cunat, V., Guadalupe, M., 2005. How does product market competition shape incentive contracts ...

How Markets and Organizations Shape our Moral Behavior

As earlier, intense competition gives more prominence to the possibility of replacement and thereby lowers the incentive to be virtuous; however ...

Optimal government and manufacturer incentive contracts for green ...

... products market is mature. As for the ... figure files are ... competition among manufacturers would affect the government's incentive contract ...

Competition, Contracts, and Innovation - Federal Trade Commission

Our paper seeks to add to this stock of knowledge by considering how product market competition affects innovation when managerial compensation ...

Incentive contracts and advertising in oligopoly - Emerald Insight

The contract to maximize profits is not a self-representational Nash Equilibrium. When advertising is a strategic substitute, the owners induce their managers ...