Browsing FGV EPGE - Escola Brasileira de Economia e Finanças by Title "Evidence on the incentive optimality of share contracts"

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    • Evidence on the incentive optimality of share contracts 

      Braido, Luís Henrique Bertolino
      2002-02-21
      Ever since Adam Smith, economists have argued that share contracts do not provide proper incentives. This paper uses tenancy data from India to assess the existence of missing incentives in this classical example of moral ...