Termination Risk and Agency Problems: Evidence from the NBA
收藏NBER2018-06-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w24708
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资源简介：
When organizational structures and contractual arrangements face agents with a significant risk of termination in the short term, such agents may under-invest in projects whose results would be realized only in the long term. We use NBA data to study how risk of termination in the short term affects
提供机构：
美国国家经济研究局
创建时间：
2018-06-01
