We present a model of neighborhood effects in wage payment delays. Positive feedback arises because each employer’s arrears affect the late payment costs faced by other firms in the same local labor market, resulting in a strategic complementarity in the practice. The model is estimated on...

This paper provides a descriptive analysis of the use of performance targets in executive remuneration plans and its difficulty and attainability relative to past, expected and realized performance. From 31 December 2002, UK firms are required under the Directors’ Remuneration Report...

Purpose – This paper develops a discussion looking at whether CEO and Executive Director Remuneration have an impact on Firm Performance. Design/methodology/approach – This study entails Australia, The United States of America and The United Kingdom. The data collected is from public listed...

This paper analyses the circumstances in which a party to contractual negotiations has been held to be entitled to claim remuneration for work done when the negotiations ultimately fail, or where the anticipated contract fails to come into being for some other reason. The criteria used by courts...