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Biased Monitors: Corporate Governance When Managerial Ability is Mis-assessed

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NBER2017-09-01 更新2025-01-04 收录
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https://www.nber.org/papers/w23776
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An important aspect of corporate governance is the assessment of managers. When managers vary in ability, determining who is good and who is not is vital. Moreover, knowing they will be assessed can lead those being assessed to behave in ways that make them appear better. Such signal-jamming
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2017-09-01
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