| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w20028 |
| 来源ID | Working Paper 20028 |
| Understanding Corporate Governance Through Learning Models of Managerial Competence | |
| Benjamin E. Hermalin; Michael S. Weisbach | |
| 发表日期 | 2014-04-10 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | A manager's shareholders, board of directors, and potential future employers are continually assessing his ability. A rich literature has documented that this insight has profound implications for corporate governance because assessment generates incentives (good and bad), introduces assorted risks, and affects the various battles that rage among the relevant actors for corporate control. Consequently, assessment (or learning) is a key perspective from which to study, evaluate, and possibly even regulate corporate governance. Moreover, because learning is a behavior notoriously subject to systematic biases, this perspective is a natural avenue through which to introduce behavioral and psychological insights into the study of corporate governance. |
| 主题 | Microeconomics ; Economics of Information ; Financial Economics ; Corporate Finance ; Other ; Accounting, Marketing, and Personnel |
| URL | https://www.nber.org/papers/w20028 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/577702 |
| 推荐引用方式 GB/T 7714 | Benjamin E. Hermalin,Michael S. Weisbach. Understanding Corporate Governance Through Learning Models of Managerial Competence. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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