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The market for management services
Introduction:
This page is the main page for information about the
market for management services.
This
market is of
major importance in corporate governance because it affects the incentives of
managers and thereby
the efficiency of the firm. The market for management services is simply defined
as the
market
for managerial labor. A
classic reference on the market for management services is
Fama [1980b].
Content
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