Managerial ownership with rent-seeking employees
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Recommendations
- Does Asset Ownership Always Motivate Managers? Outside Options and the Property Rights Theory of the Firm
- Firm competition and incentive pay: rent seeking at work
- A dynamic model of managerial entrenchment and the positive incentives it creates
- Unions and strategic managerial incentives
- Large shareholders, monitoring, and ownership dynamics: toward pure managerial firms?
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