Managerial Incentives, Monitoring, and Risk Bearing: A Study of Executive Compensation, Ownership, and Board Structure in Initial Public Offerings
研究了首次公开发行公司中高管薪酬、所有权和董事会结构如何影响管理层激励与监督，对理解IPO公司治理机制有用。
Randolph P. Beatty, Edward J. Zajac, Managerial Incentives, Monitoring, and Risk Bearing: A Study of Executive Compensation, Ownership, and Board Structure in Initial Public Offerings, Administrative Science Quarterly, Vol. 39, No. 2 (Jun., 1994), pp. 313-335