Strategic incentives for market share

Ritz, Robert A.

doi:10.1016/j.ijindorg.2007.04.006

Cited by 115 publications

(92 citation statements)

References 24 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Taking this fact into account, we should reformulate the model and examine the robustness of this result with respect to both foreign firms and the differentials of each firm's cost. As the third extension of our paper, we should examine whether the above result is robust against the assumption that each firm adopts other delegation regimes, for example, the market share delegation case presented in Jansen et al (2007) and Ritz (2008) and the relative performance case in Miller and Pazgal (2001). These issues are left for future research.…”

Section: Resultsmentioning

confidence: 91%

Endogenous timing in a mixed duopoly: price competition with managerial delegation

Nakamura

Inoue

2009

Manage Decis Econ

View full text Add to dashboard Cite

We introduce a managerial delegation contract into the mixed duopoly model and examine its influence on price setting in a mixed duopoly in the context of the endogenous-timing problem. We obtain the result that owners of a public and a private firm prefer to delay the setting of the prices of their products as much as possible. Thus, in equilibrium, the firms choose their prices simultaneously in the latter stage of the game. This is in contrast to the findings of the entrepreneurial case, according to which firms choose prices simultaneously in the former stage. Copyright © 2009 John Wiley & Sons, Ltd.

show abstract

Section: Resultsmentioning

confidence: 91%

Endogenous timing in a mixed duopoly: price competition with managerial delegation

Nakamura

Inoue

2009

Manage Decis Econ

View full text Add to dashboard Cite

show abstract

“…Yet, there is evidence suggesting that CEO compensation is linked with own market share (Peck, 1988;Borkowski, 1999). Ritz (2008) and Jansen et al (2007) formalize contracts combining own profits and own market share. Thus, an interesting direction for future experimental research could be to expand the firms owners' strategy space by allowing them to compensate their managers with contracts combining own profits and own market share as well.…”

Section: Discussionmentioning

confidence: 99%

Endogenous managerial compensation contracts in experimental quantity-setting duopolies

et al. 2016

View full text Add to dashboard Cite

In a quantity setting duopoly we experimentally test the ability of managerial compensation schemes to provide a commitment device aiming at gaining leadership in the product market. The novelty of our experiment is the choice between Relative Performance and Profit-Revenue based rewards. In line with our model, the former are chosen more frequently than the latter. Output reacts to the contract terms in the expected way, although it tends to exceed the predicted levels. Firm owners tend to use more balanced weights for their managers' objectives than the theory predicts.

show abstract

“…The previous studies on average revealed a significant positive correlation between these variables (Szymanski et al, 1993). But recent empirical results suggest that the relation between these two depends on competitive and strategic context and the fabricated or erroneous impacts that form a great part of the criteria used for measuring this relation (Ritz, 2008).…”

Section: Roe=net Income Margin X Equity Turnovermentioning

confidence: 96%

Financial Performance Determinants of Paper and Paper Products Firms Listed in Borsa Istanbul

Islamoğlu¹,

Çelik²

2015

IJEF

View full text Add to dashboard Cite

The aim of this study is to reveal the major determinants which have impact on financial performance of paper and paper products firms listed in Borsa Istanbul. We examined the impact of the firm specific, industry specific and macroeconomic factors on Return on Assets (ROA) and Return on Equity (ROE) in paper and paper products firms listed in Borsa Istanbul during the period from 2011/01 to 2014/09 by using panel regression. The results show that except for Sales to Asset Ratio, firm specific and industry specific factors have statistically significant and material impact on both financial performance indicators. As macroeconomic factor, the impact of foreign trade deficit on the performance indicators is relatively weak. Through macroeconomic variables, commercial loan interest rate has no statistical significance for both ROA and ROE. The empirical result suggests that the impact of the variables on ROE is stronger compared to ROA.

show abstract

Strategic incentives for market share

Cited by 115 publications

References 24 publications

Endogenous timing in a mixed duopoly: price competition with managerial delegation

Endogenous timing in a mixed duopoly: price competition with managerial delegation

Endogenous managerial compensation contracts in experimental quantity-setting duopolies

Financial Performance Determinants of Paper and Paper Products Firms Listed in Borsa Istanbul

Contact Info

Product

Resources

About