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If ownership and control rights are sufficiently concentrated, contingent remuneration is likely to be determined informally by the controlling group or individual, as had been the case with Bain & Company.
An identification algorithm of the controlling group of generators is presented and a new power system islanding scheme is proposed based on the unified stability control framework in [13].
Unless a firm stays small and manages to transfer the special human capital from the controlling group to an eventual successor, the founder-dominated configuration is typically a transitory governance model.
This may be in part because firms are often too small to make an up-or-out system feasible, but also because of the disproportionate importance of the controlling group or individual for the firm, which makes the firm less prone to other professionals "grabbing clients and leaving" (see Rebitzer and Taylor 2007 for a discussion of this risk), if they have been in permanent positions.
Similar(8)
The control group received visits, too.
The control group showed almost no improvement.
Just 8percentt of the control group had the larger lipoproteins.
In the control group, just 8percentt had the variant.
She found they were more confident than the control group.
Or they went into the control group with nothing special.
There was no significant change in the control group.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com