Adverse Selection
Revision as of 20:58, 11 July 2020 by QiratH (talk | contribs) (Created page with "Adverse Selection is the inability of shareholders to identify the precise competencies and personal attributes of top managers when they are hired. ==Definition== Accor...")
Adverse Selection is the inability of shareholders to identify the precise competencies and personal attributes of top managers when they are hired.
Definition
According to the Strategic Management by Parnell (4th edition),
- Adverse Selection. The inability of shareholders to identify the precise competencies and personal attributes of top managers when they are hired.
