Die Vergütung von Vorstandsmitgliedern börsennotierte Unternehmen ist in den vergangenen Jahren vermehrt in den Fokus des öffentlichen Interesses gerückt. Kritisch werden vor allem die unangemessen hoch betrachteten Vorstandsvergütungen in Krisenzeiten gesehen....

Although it has always been important for firms that employees innovate predefined processes, the working environment in which employees implement these processes has significantly changed. Currently, the working environment is often characterized by employee surveillance; that is, the way in...

Prior research demonstrates that relative performance information affects effort and performance. However, little is known about the qualitative design parameters of these information systems. This study examines, via an experiment, how adding performance category labels to ranks (e.g.,...

This study investigates if and how the influence of compensation interdependence on risk-taking depends on mutual monitoring of risky investment decisions. We argue that individuals under compensation interdependence have a behavioral incentive for higher risk-taking if mutual monitoring is...

This paper investigates whether and how social-psychological mechanisms, namely reciprocity, demographic similarity, and similar experiences, affect CEO compensation packages with respect to the levels of total, fixed, and short- and mid-term compensation and the variable proportion of the...

In this paper, we empirically investigate the levels and the determinants of corporate sustainability performance (CSP) in different stages of the firm life cycle, as well as the impact of CSP on accounting-based corporate financial performance (CFP). Based on an international sample of 26,902...

In this paper, we analyze the qualitative and quantitative differences and similarities between two prominent sustainability datasets, namely, the sustainability ratings developed by MSCI ESG KLD STATS (formerly known as KLD) and Thomson Reuters ESG (formerly known as ASSET4). We find...

This study investigates the effects of the psychological mechanisms activated by different proportions of tournament winners on effort. Using a real-effort experiment that allows the evolution of social comparison, which is central to our theory, we show that firms can increase employee effort...