Discuss the following statement in relationship to (a) The tournament theory of executive pay (b) The World
Question:
Discuss the following statement in relationship to
(a) The tournament theory of executive pay
(b) The “World of Work” 7.2 on faculty tenure: “The new economics of personnel rationalizes whatever exists. If a compensation structure prevails, so goes this view, it must be efficient. The policy implication therefore is to ‘let it be’ (laissez faire). Thus what poses as economic analysis is actually political conservatism.”
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Contemporary Labor Economics
ISBN: 978-1259290602
11th Edition
Authors: Campbell R. McConnell, Stanley L. Brue, David Macpherson
Question Posted: