Construct · 1 fields · 1 citations

quiet life hypothesis: a standalone construct

One name. One construct. A landmark on the map.

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Corporate finance

the tendency of insulated managers to avoid hard decisions such as closing plants or opening new ones, rather than to build empires.

In corporate finance, quiet life hypothesis refers to the tendency of insulated managers to avoid hard decisions such as closing plants or opening new ones, rather than to build empires. This meaning comes from Bertrand (2003) in Journal of Political Economy.[1]

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Nearby constructs

hypothesis2 fields · 2 citationsjingle · one word, two constructs opening1 fields · 1 citationsanchor · a standalone construct

References

Bertrand, M., & Mullainathan, S. (2003). Enjoying the Quiet Life? Corporate Governance and Managerial Preferences. Journal of Political Economy, 111(5), 1043-1075. https://doi.org/10.1086/376950

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