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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

The Lemons Problem in a labor market with intrinsic motivation : when higher salaries pay worse workers

Barigozzi, Francesca; Burani, Nadia; Raggi, Davide - 2013

We study the Lemons Problem when workers have private information on both their skills and their intrinsic motivation for the job offered by firms in the labor market. We first show that, when workers are motivated, inefficiencies due to adverse selection are mitigated. More interestingly,...

Persistent link: https://www.econbiz.de/10011730993

Moneycracy

Fedele, Alessandro; Giannoccolo, Pierpaolo - 2013

How do wage and other financial benefits affect the set of candidates for political office? In this theoretical paper, we answer the question by studying self-selection into politics of individuals with heterogeneous skills and heterogeneous motivations. Our predictions are in line with the...

Persistent link: https://www.econbiz.de/10011730987

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

Product market competition, incentives and fraudulent behavior

Andergassen, Rainer - 2008

Persistent link: https://www.econbiz.de/10003911539

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

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

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

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

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