منابع مشابه
Bank Performance: Market Power or Efficient Structure?
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Recent years have witnessed an enormous amount of reorganization of the corporate sector in the US and in Europe. This paper examines the role of market competition for this trend in corporate reorganization. We find that at intermediate levels of competition the CEO of the corporation decides to have less power inside the firm and to delegate control to lower levels of the firms’ hierarchy. Th...
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ژورنال
عنوان ژورنال: Review of Finance
سال: 2016
ISSN: 1572-3097,1573-692X
DOI: 10.1093/rof/rfw004