While the traditional agency model assumes managerial risk aversion and underinvestment in high tech opportunities, the behavioural agency model allows for risk seeking by managers leading possibly to over-risky investment. Corporate governance mechanisms can correct both underand overrisky investment thereby ensuring value enhancing high tech acquisitions. Our study builds an empirical optimal...

the purpose of this study is to explore and classify the perceptions of the phenomenon of hypocrisy in organization from viewpoint of employees in a university using phenomenography, so that achieving to a deeper understanding of this phenomenon. sampling was done by maximum variation method and sample size was determined 30 people using theoretical saturation. some open semi-structural intervi...

When a video of someone speaking is paused, the stationary image of the speaker typically appears less flattering than the video, which contained motion. We call this the frozen face effect (FFE). Here we report six experiments intended to quantify this effect and determine its cause. In Experiment 1, video clips of people speaking in naturalistic settings as well as all of the static frames th...

We study exponential attractors for semilinear parabolic equations with dynamic boundary conditions in bounded domains. First, we give the existence of the exponential attractor in L2(Ω) × L2(Γ) by proving that the corresponding semigroup satisfies the enhanced flattering property. Second, we apply asymptotic a priori estimate and obtain the exponential attractor in Lp(Ω) × L(Γ). Finally, we sh...

We discuss and examine empirically a firm-level equivalent of the ancient problem of ‘tying the King’s hands’, namely how to avoid managerial intervention that is undertaken to reap private benefits but is harmful to overall value creation, that is, ‘managerial opportunism’. The link from managerial intervention to firm-level value-creation is moderated by employee motivation. Thus, interventio...