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EXTERNAL TOURNAMENT INCENTIVES IN STATE OWNED ENTERPRISE IN INDONESIA: DOES IT EFFECT FIRM PERFORMANCE
Last modified: 2018-01-05
Abstract
This research aims to investigate the effect of external tournament incentives on firm performance. This study uses 195 observations from state owned enterprises in Indonesia for the period between 2012 to 2016. This study uses Generalized Least Square method. This study finds that external tournament incentives effects significantly to firm performance.
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