Unobservable effort, objective consistency and the efficiencies of the principal and the top management team

JOURNAL OF THE OPERATIONAL RESEARCH SOCIETY, pp. 1011.0-1026.0, 2019.

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Abstract:

Top management team (TMT) plays a leading role in making strategic decisions and business success. On account of unobservable and immeasurable characteristics of the TMT's effort, prior researches are of limited use in identifying its impact on the performances of the principal and TMT. This paper formulates novel models to overcome the l...More

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