Seeking Alpha: Excess Risk Taking and Competition for Managerial Talent
收藏NBER2013-03-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w18891
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资源简介：
We present a model in which managers are risk-averse and firms compete for scarce managerial talent ("alpha"). When managers are not mobile across firms, firms provide efficient compensation, which allows for learning about managerial talent and for insurance of low-quality managers. When instead
提供机构：
美国国家经济研究局
创建时间：
2013-03-01
