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Yeeeee89 Yeeeee89
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4 years ago
Which one of the following statements as to the theoretical impact of competition on managerial performance and firm value is true?

▸ Competition always increases managerial performance.

▸ Competition may reduce as well as increase managers' incentives to work hard.

▸ The positive income effect dominates only under certain, specific conditions.

▸ Both B and C are correct.
Textbook 
International Corporate Governance

International Corporate Governance


Edition: 1st
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jenniferagrethejenniferagrethe
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4 years ago
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