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Keywords: strategic delegation
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Journal Articles

Common Ownership, Executive Compensation, and Product Market Competition

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Matthew J. Bloomfield, Henry L. Friedman, Hwa Young Kim
Journal: The Accounting Review
The Accounting Review (2024) 99 (2): 31–56.
https://doi.org/10.2308/TAR-2021-0649
Published: 01 March 2024
... product market aggressiveness ( Bloomfield 2021 ; Fershtman and Judd 1987 ; Sklivas 1987 ; Vickers 1985 ). Building on the literature on strategic delegation (e.g., Fershtman and Judd 1987 ), we develop a model of oligopolist competition in which firms are commonly owned. The owners of each firm...
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Includes: Supplementary data
Journal Articles

Beyond Profits: The Rise of Dual-Purpose Organizations and Its Consequences for Disclosure

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Anil Arya, Brian Mittendorf, Ram N. V. Ramanan
Journal: The Accounting Review
The Accounting Review (2019) 94 (1): 25–43.
https://doi.org/10.2308/accr-52166
Published: 01 January 2019
... of Business Distinguished Professorship, respectively. Editor's note: Accepted by Venkatesh Nagar. April 2017 May 2018 2019 competition disclosure hybrid entity strategic delegation The once-clear line between for-profit organizations focused on generating returns...
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