Do Executives Work Harder When They Are Monitored?
January 1995
Article
pp 19-42.
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Explores whether eclectic theory leads to better predictions about internal control systems in corporations than does principal-agency theory. Ability of eclectic theory to explain various puzzles for principal-agent theory; Test of hypotheses on the use and effects of monitoring in hierarchies; Study of whether top managers work harder when they are monitored.
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