Common Ownership, Competition, and Top Management Incentives
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- Miguel Antón & Florian Ederer & Mireia Giné & Martin Schmalz, 2016. "Common Ownership, Competition, and Top Management Incentives," Cowles Foundation Discussion Papers 2046, Cowles Foundation for Research in Economics, Yale University.
- Miguel Antón & Florian Ederer & Mireia Giné & Martin Schmalz, 2016. "Common Ownership, Competition, and Top Management Incentives," Cowles Foundation Discussion Papers 2046R, Cowles Foundation for Research in Economics, Yale University, revised Oct 2017.
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Citations
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Cited by:
- José Azar & Xavier Vives, 2018.
"Oligopoly, Macroeconomic Performance, and Competition Policy,"
CESifo Working Paper Series
7189, CESifo.
- Azar, José & Vives, Xavier, 2018. "Oligopoly, Macroeconomic Performance, and Competition Policy," CEPR Discussion Papers 13000, C.E.P.R. Discussion Papers.
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"Quantifying the coordinated effects of partial horizontal acquisitions,"
European Economic Review, Elsevier, vol. 110(C), pages 108-149.
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- Melissa Newham & Jo Seldeslachts & Albert Banal-Estanol, 2018.
"Common ownership and market entry: Evidence from the pharmaceutical industry,"
Working Papers of Department of Management, Strategy and Innovation, Leuven
623896, KU Leuven, Faculty of Economics and Business (FEB), Department of Management, Strategy and Innovation, Leuven.
- Melisa Newham & Jo Seldeslachts & Albert Banal-Estañol, 2018. "Common ownership and market entry: Evidence from the pharmaceutical industry," Economics Working Papers 1612, Department of Economics and Business, Universitat Pompeu Fabra.
- Albert Banal-Estañol & Melissa Newham & Jo Seldeslachts, 2018. "Common Ownership and Market Entry: Evidence from the Pharmaceutical Industry," Working Papers 1042, Barcelona Graduate School of Economics.
- Melissa Newham & Jo Seldeslachts & Albert Banal-Estanol, 2018. "Common Ownership and Market Entry: Evidence from Pharmaceutical Industry," Discussion Papers of DIW Berlin 1738, DIW Berlin, German Institute for Economic Research.
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- Werner Neus & Manfred Stadler & Maximiliane Unsorg, 2020. "Market structure, common ownership, and coordinated manager compensation," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 41(7), pages 1262-1268, October.
- Jaspersen, Stefan, 2020. "Mutual Fund Bets on Market Power," CFR Working Papers 16-07, University of Cologne, Centre for Financial Research (CFR).
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- Neus, Werner & Stadler, Manfred, 2018. "Common holdings and strategic manager compensation: The case of an asymmetric triopoly," University of Tübingen Working Papers in Business and Economics 109, University of Tuebingen, Faculty of Economics and Social Sciences, School of Business and Economics.
- Jacob P. Gramlich & Serafin J. Grundl, 2017. "Estimating the Competitive Effects of Common Ownership," Finance and Economics Discussion Series 2017-029, Board of Governors of the Federal Reserve System (U.S.).
- Lysle Boller & Fiona Scott Morton, 2020. "Testing the Theory of Common Stock Ownership," NBER Working Papers 27515, National Bureau of Economic Research, Inc.
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"Can partial horizontal ownership lessen competition more than a monopoly?,"
Economics Letters, Elsevier, vol. 176(C), pages 90-95.
- Duarte Brito & Ricardo Ribeiro & Helder Vasconcelos, 2018. "Can Partial Horizontal Ownership Lessen Competition More Than a Monopoly?," Working Papers de Economia (Economics Working Papers) 02, Católica Porto Business School, Universidade Católica Portuguesa.
- Matthew Backus & Christopher Conlon & Michael Sinkinson, 2019. "Common Ownership in America: 1980-2017," NBER Working Papers 25454, National Bureau of Economic Research, Inc.
- Park, Jihwon & Sani, Jalal & Shroff, Nemit & White, Hal, 2019. "Disclosure incentives when competing firms have common ownership," Journal of Accounting and Economics, Elsevier, vol. 67(2), pages 387-415.
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- Neus, Werner & Stadler, Manfred & Unsorg, Maximiliane, 2020. "Market structure, common ownership and coordinated manager compensation," University of Tübingen Working Papers in Business and Economics 133, University of Tuebingen, Faculty of Economics and Social Sciences, School of Business and Economics.
- Oz Shy & Rune Stenbacka, 2020. "Common ownership, institutional investors, and welfare," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 29(3), pages 706-723, July.
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- Russell Pittman, 2016. "The Strange Career of Independent Voting Trusts in U.S. Rail Mergers," EAG Discussions Papers 201603, Department of Justice, Antitrust Division.
More about this item
Keywords
CEO pay; Common ownership; Competition; corporate governance; management incentives;JEL classification:
- D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
- G30 - Financial Economics - - Corporate Finance and Governance - - - General
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
- J41 - Labor and Demographic Economics - - Particular Labor Markets - - - Labor Contracts
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BEC-2018-02-26 (Business Economics)
- NEP-CFN-2018-02-26 (Corporate Finance)
- NEP-COM-2018-02-26 (Industrial Competition)
- NEP-HRM-2018-02-26 (Human Capital & Human Resource Management)
- NEP-MIC-2018-02-26 (Microeconomics)
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