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Choice of Combined Incentives for Managers under Market Environment |
CHEN Shuang-Ying, TANG Xiao-Wo, SHAO Yun-Fei |
University of Electronic Science and Technology of China,Chengdu,China |
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Abstract According to corporate governance theories, a model for the changes between combined incentives and market environments was built based on incentive benefits and costs. The tendencies to enterprises' choosing their combined incentives under different market environments were analyzed. It is concluded from economics that the chosen combined incentives by cooperates depend on not only the inner factors dealt with the property right of companies but also the factors concerning the market environments and monopoly levels.
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Received: 03 March 2006
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