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How Do Labor Representatives Affect Incentive Orientation of Executive Compensation?
Dyballa, Katharina - 2016
Contrary to previous literature we hypothesize that labor's interest may well – like that of shareholders – aim at securing the long-run survival of the firm. Consequently, employee representatives on the supervisory board could well have an interest in increasing incentive-based...
Persistent link: https://www.econbiz.de/10012984836
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Organizational Barriers to Technology Adoption : Evidence from Soccer-Ball Producers in Pakistan
Atkin, David - 2015
This paper studies technology adoption in a cluster of soccer-ball producers in Sialkot, Pakistan. We invented a new cutting technology that reduces waste of the primary raw material and gave the technology to a random subset of producers. Despite the arguably unambiguous net benefits of the...
Persistent link: https://www.econbiz.de/10013016271
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Market-Based Compensation, Price Informativeness and Short-Term Trading
Calcagno, Riccardo - 2007
This paper shows that there is a natural trade-off when designing market-based executive compensation. The benefit of market-based pay is that the stock price aggregates speculators' dispersed information and therefore takes a picture of managerial performance before the long-term value of a...
Persistent link: https://www.econbiz.de/10012777574
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Management Compensation and the Economic Crisis : Longitudinal Evidence from the German Chemical Sector
Grund, Christian - 2013
extent to which managers' compensation was affected by the economic crisis and the extent to which it increased afterwards … perspective. We also examine that certain parts of managers seem to have more power to influence their compensation than others …. Inequality in managers' compensation decreased during the crisis …
Persistent link: https://www.econbiz.de/10013080144
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On the Determinants of Pay of CEOs in UK Public Sector Higher Education Institutions
Bachan, Ray - 2021
, but are rewarded favourably by increasing the volume of tuition fees. There is some support for 'tournament theory' as an …
Persistent link: https://www.econbiz.de/10013324757
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Management Compensation and Firm-Level Income Inequality
Frederiksen, Anders; Poulsen, Odile M. - 2021
In recent decades, most developed countries have experienced a simultaneous increase in income inequality and management compensation. In this paper, we study the relation between management compensation and firm-level income dynamics in a general equilibrium model. Empirical estimation, of the...
Persistent link: https://www.econbiz.de/10013324993
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Education, wage uncertainty and the 'flat tax debate'
Schindler, Dirk; Yang, Hongyan - 2009
Persistent link: https://www.econbiz.de/10003893574
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Self-selection and wage-tenure profiles for heterogeneous labor
Amann, Roland A. (contributor) - 2004
Persistent link: https://www.econbiz.de/10003439083
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Wage Premia for Newly Hired Employees : Theory and Evidence
Kampkötter, Patrick - 2011
We investigate wage differences between newly hired and incumbent employees. We show in a formal model that when employees care for wages as well as match-specific utility, incumbents earn less than new recruits if and only if firm-specific human capital is not too important. The existence and...
Persistent link: https://www.econbiz.de/10013129084
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In-Work Benefits and Unemployment
Tonin, Mirco - 2011
In-work benefits are becoming an increasingly relevant labour market policy, gradually expanding in scope and geographical coverage. This paper investigates the equilibrium impact of in-work benefits and contrasts it with the traditional partial equilibrium analysis. We find under which...
Persistent link: https://www.econbiz.de/10013130454