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Wenn man Lohn als Tausch für das Produkt aus Arbeitszeit und Arbeitskraft ansieht, dann kann etwas mit den Managergehältern nicht stimmen - oder die Gleichung stimmt nur für niedrige Löhne. Wenn aber Lohn, Gehalt und Prämien nicht alles sind - was dann? Könnte es sein, daß Anerkennung,...
Persistent link: https://www.econbiz.de/10003838726
This paper asks whether adversity spurs the introduction of process innovations and increases the use of managerial incentives by firms. Using a large panel data set of workplaces in Canada, our identification strategy relies on exogenous variation in adversity arising from increased border...
Persistent link: https://www.econbiz.de/10003854411
Ordinary least squares (OLS) estimates are frequently used to measure the effects of managerial incentives on corporate innovation. However, these estimates suffer from two data problems. First, corporate innovation data have a discrete spike at zero because many firms never engage in corporate...
Persistent link: https://www.econbiz.de/10012927101
law existing in Germany, especially in the field of wage determination. In this paper the impact of existing labor … agreements on incentive systems in Germany is analyzed. It shows, that the centralized and dense web of regulations within the …
Persistent link: https://www.econbiz.de/10013428402
merikanischen Kollegen. Die Vergütungshöhe hängt primär von der Bedeutung des Arbeitsplatzes im Unternehmen ab, die …
Persistent link: https://www.econbiz.de/10008666527
We investigate how bonus payments affect satisfaction and performance of managers in a large, multinational company. We …
Persistent link: https://www.econbiz.de/10003941775
Using data on executive compensation for the German chemical industry, we investigate the relevance of two theoretical approaches that focus on bonuses as part of a long term wage policy of a firm. The first approach argues that explicit bonuses serve as substitutes for implicit career concerns....
Persistent link: https://www.econbiz.de/10009155574
Since August 2009, German legislation allows for voluntary Say on Pay Votes (SoPV) during Annual General Meetings (AGMs). We examine 1,169 AGMs of all German listed firms with more than 10,000 agenda items over the period 2010-2013 to identify (1) determinants and approval rates of voluntary...
Persistent link: https://www.econbiz.de/10010530578
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/10009754706
bonuses under a Management-by-Objectives (MBO) incentive scheme. Six years of personnel data of 177 managers in a German …
Persistent link: https://www.econbiz.de/10009681440