Sonali Hazarika

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NBER working papers are circulated for discussion and comment purposes. They have not been peer-reviewed or been subject to the review by the NBER Board of Directors that accompanies official NBER publications. Short sections of text, not to exceed two paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is(More)
Customers and suppliers often make relationship specific investments whose value is undermined if the firm undertakes risky investments. Therefore risk taking incentives given to the CEO will be associated with lower relationship specific investment in the vertical channel. We find significant evidence that customer and supplier relationship specific(More)
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