Contracting with a quiet-life manager

The aim of this paper is to analyse how employees may affect firm’s corporate governance. We analyse shareholder–manager relationship through a principal-agent framework. The manager is the agent in charge of taking decisions for firm’s success. Yet, when deciding, the manager takes into account emp...

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Bibliographic Details
Main Author: Eduard Alonso-Paulí
Format: Article
Language:English
Published: Taylor & Francis Group 2019-01-01
Series:Ekonomska Istraživanja
Subjects:
Online Access:http://dx.doi.org/10.1080/1331677X.2019.1645717