Management of Agency Problem through Performance Contracts – Case of Public Sector Enterprises

S., Althaf; G., Ramesh

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Please use this identifier to cite or link to this item: http://hdl.handle.net/11718/11607

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DC Field	Value	Language
dc.contributor.author	S., Althaf
dc.contributor.author	G., Ramesh
dc.date.accessioned	2013-12-05T13:34:45Z
dc.date.available	2013-12-05T13:34:45Z
dc.date.copyright	2013-12-12
dc.date.issued	2013
dc.identifier.citation	3rd Biennial Conference of the Indian Academy of Management (IAM), 2013 held at IIMA during 12-14 December, 2013	en_US
dc.identifier.isbn	9788192080024
dc.identifier.uri	http://hdl.handle.net/11718/11607
dc.description.abstract	The current endeavor attempts to understand how the management of public enterprises could be incentivized to work by putting their maximum effort in the direction of the objectives set forth by the government as the owner. By bringing in principal-agent theory into context, we see how performance contracts (here MoU contracts between PSEs and administrative ministries co-ordinated by Department of Public 56 Enterprises) works to incentivize the agents (management of PSEs) to work in line with the objectives of the principal (Government). The broad agenda is to see 1. How to ensure alignment of goals of the agent through performance contract? 2. How incentive based performance contracts could be improved in operations and design?	en_US
dc.language.iso	en	en_US
dc.publisher	Indian Institute of Management Ahmedabad	en_US
dc.subject	Public Sector Enterprises - Organizations	en_US
dc.title	Management of Agency Problem through Performance Contracts – Case of Public Sector Enterprises	en_US
dc.type	Article	en_US
Appears in Collections:	3rd Biennial Conference of the Indian Academy of Management (IAM), 2013

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