Managerial Incentives and the Role of Advisors in the Continuous-Time Agency Model
in The Review of Financial Studies
October 2013; p ublished online June 2013 .
Journal Article. Subjects: Information, Knowledge, and Uncertainy; Investment Banking; Mergers and Acquisitions; Human Resource Management; Economics. 15215 words.
We explore a continuous-time agency model with double moral hazard. Using a venture capitalist (VC)–entrepreneur relationship where the VC both supplies costly effort and chooses the...
moonlighting
Overview page. Subjects: Financial Institutions and Services — Human Resource Management.
Having two jobs, one a full-time daytime job, the other a part-time evening job. Often the second job is undertaken on a self-employed basis and income is not returned for tax purposes.
null...organizational culture
Overview page. Subjects: Human Resource Management — Financial Institutions and Services.
The values, customs, rituals, and norms shared by all the members of an organization, which have to be learnt and accepted by new members of the organization. It is argued that there are at...