Shareholding structure, private benefit of control and incentive intensity: from the perspective of enterprise strategic behaviour
This paper studies theoretically and empirically the relationship among shareholding structure, the private benefit of control and incentive intensity. By integrating the principal–agent theory and the market competition theory into the three-stage dynamic game model, we built the dual principal–age...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Taylor & Francis Group
2021-01-01
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Series: | Ekonomska Istraživanja |
Subjects: | |
Online Access: | http://dx.doi.org/10.1080/1331677X.2020.1805345 |