The benefit and cost of winner-picking: redistribution versus incentives
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- Axel Gautier & Florian Heider, 2009. "The Benefit and Cost of Winner-Picking: Redistribution versus Incentives," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 165(4), pages 622-649, December.
References listed on IDEAS
- Aghion, Philippe & Tirole, Jean, 1997. "Formal and Real Authority in Organizations," Journal of Political Economy, University of Chicago Press, vol. 105(1), pages 1-29, February.
- Rajesh K. Aggarwal & Andrew A. Samwick, 2003.
"Performance Incentives within Firms: The Effect of Managerial Responsibility,"
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American Finance Association, vol. 58(4), pages 1613-1650, August.
- Rajesh K. Aggarwal & Andrew A. Samwick, 1999. "Performance Incentives Within Firms: The Effect of Managerial Responsibility," NBER Working Papers 7334, National Bureau of Economic Research, Inc.
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- Akbel, Basak & Schnitzer, Monika, 2011.
"Creditor rights and debt allocation within multinationals,"
Journal of Banking & Finance,
Elsevier, vol. 35(6), pages 1367-1379, June.
- Akbel, Basak & Schnitzer, Monika, 2009. "Creditor Rights and Debt Allocation within Multinationals," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 304, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Akbel, Basak & Schnitzer, Monika, 2011. "Creditor rights and debt allocation within multinationals," Munich Reprints in Economics 20174, University of Munich, Department of Economics.
- Akbel, Basak & Schnitzer, Monika, 2010. "Creditor Rights and Debt Allocation within Multinationals," CEPR Discussion Papers 7958, C.E.P.R. Discussion Papers.
- Almeida, Heitor & Wolfenzon, Daniel, 2006. "Should business groups be dismantled? The equilibrium costs of efficient internal capital markets," Journal of Financial Economics, Elsevier, vol. 79(1), pages 99-144, January.
- Löffler, Clemens & Pfeiffer, Thomas, 2013. "Centralized versus Decentralized External Financing, Winner Picking and Corporate Socialism," Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79902, Verein für Socialpolitik / German Economic Association.
More about this item
- G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
- L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
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