Showing 1 - 8 of 8
informed about their piece rate realization, they adapt their performance. One third of subjects nevertheless forego this …
Persistent link: https://www.econbiz.de/10011340265
of instrumental information exist, studying information structures on performance pay. Second, information avoiders …
Persistent link: https://www.econbiz.de/10011751477
influence of institutional shareholders. Our findings also suggest that the adoption of ESG variables in managerial performance … measures is accompanied by improvements in ESG performance and meaningful changes in the compensation of executives. …
Persistent link: https://www.econbiz.de/10013435292
In a tedious real effort task, agents can choose to receive information about their piece rate that is either low or ten times higher. One third of subjects deliberately decide to forego this instrumental information, revealing a preference for information avoidance. Strikingly, agents who face...
Persistent link: https://www.econbiz.de/10011284957
employee's performance was poor. The justification assures the employee that the manager has not distorted the evaluation … downwards. For good performance, however, the manager pays a constant high wage without justification. The empirical literature … demonstrates that subjective evaluations are lenient and discriminate poorly between good performance levels. This pattern was …
Persistent link: https://www.econbiz.de/10011930440
managerial decision rights and performance-based promotions leads to a situation often referred to as the Peter principle … performance-based promotions and restricting managerial decision rights. …
Persistent link: https://www.econbiz.de/10012138859
competition affect agents' performance? In a real-effort laboratory experiment, we study a one-time increase in incentives in a … response but does not boost total performance. …
Persistent link: https://www.econbiz.de/10011895040
Subjective evaluations are widely used, but call for different contracts from classical moral-hazard settings. Previous literature shows that contracts require payments to third parties. I show that the (implicit) assumption of deterministic contracts makes payments to third parties necessary....
Persistent link: https://www.econbiz.de/10014458796