This study examines the effects of three variables, owner involvement, compensation contracts, and accounting-monitoring systems on the success of a firm's transition from a two-tier to a three-tier hierarchy. An illustrative model of the decision-making process is suggested The effects and relative importance of these three variables are studied through field studies of seven firms in the water treatment industry. The findings provide evidence that, at least for these firms, owner involvement can have a negative association with company profits, but this effect may be mitigated by the presence of well-designed accounting-monitoring systems and, to a lesser degree, by carefully constructed compensation contracts / acase@tulane.edu
| Identifer | oai:union.ndltd.org:TULANE/oai:http://digitallibrary.tulane.edu/:tulane_24654 |
| Date | January 1994 |
| Contributors | Foust, Karen McLafferty (Author), Lee, Chi-Wen Jevons (Thesis advisor) |
| Publisher | Tulane University |
| Source Sets | Tulane University |
| Language | English |
| Detected Language | English |
| Rights | Access requires a license to the Dissertations and Theses (ProQuest) database., Copyright is in accordance with U.S. Copyright law |
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