This paper studies how altruism between managers and employees affects relational incentive contracts. To this end we …

We provide a theory of how growth, corruption, and a low-powered public-sector pay scale coexist in a stable … a tournament, to address how a low-powered pay scale can effectively elicit effort in a tournament infested with …

bonuses under a Management-by-Objectives (MBO) incentive scheme. Six years of personnel data of 177 managers in a German …

The core role of managerial accounting is to provide information to facilitate managers' decisions and influence their … experiment in a large retail chain. In a 2 × 2 factorial design, we vary: (i) whether store managers obtain access to decision … different behavioral channels. In particular, managers make use of the information provided by placing higher-margin products …

predictions from the tournament theory to the context of transition economies in which state ownership still plays a significant …The promotion tournament as a potentially important incentive mechanism for top management in transition economies has … to decide on the tournament winner). Using comprehensive financial and accounting data on China's listed firms from 1998 …

for three specific linear quadratic games - Cournot oligopoly, Keynes' beauty contest and Public good provision - in which …