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Keywords: Labour markets
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Journal Articles
Executive Turnover Revisited From an Efficiency Wage Perspective
Available to Purchase
Management Research: The Journal of the Iberoamerican Academy of Management (2004) 2 (1): 7–23.
Published: 01 April 2004
...Pedro Ortín‐Ángel; Albert A. Cannella, Jr We develop theoretical arguments from the efficiency wage model (Shapiro & Stiglitz, 1984) to provide better understanding of Fama’s (1980) seminal notion that executive labor markets contribute to the alignment of executive and shareholder interests...
