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...

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Bibliographic Details
Main Authors: Kai Zhao, Hua-Hua Huang, Wan-Shu Wu
Format: Article
Language:English
Published: Taylor & Francis Group 2021-01-01
Series:Ekonomska Istraživanja
Subjects:
Online Access:http://dx.doi.org/10.1080/1331677X.2020.1805345