Managerial defections, promotion criteria and firm growth

Article Abstract:

Defection of talented managers of a firm can hurt that firm's growth. Companies must have an established and credible promotion criterion to insure itself against defections and regrettable managerial promotion of incapable managers. A company's imperfect information on junior managers' leadership abilities especially at the later stages of apprenticeship can lead to defection. The lack of a precise and credible promotion criterion can generate interdependence between junior manager's incentives to invest on industry-specific abilities and the parent company's growth strategy.

Employee Relations NEC, Economic aspects, Labor relations, Management training, Employee promotions

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To invest or screen efficiently: A potential conflict in relationships governed by incomplete contracts

Article Abstract:

A dynamic trade relationship, whereby quality is not contractible and possible sellers keep quality-relevant private information, is considered

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Cournot and Bertrand equilibria compared: substitutability, complementarity and concavity

Article Abstract:

The Bertrand equilibrium, and whether it is more competitive than Cournot equilibrium, is assessed.

Industrial organization

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