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also suggest that the sorting effect of incentives in the previous companies impact cooperation and efficiency after the … with managers from companies with different incentives, work habits and recruiting methods. In this paper, we investigate …, which occur in both compensation incentives and team composition. The results of a real effort experiment conducted with …
Persistent link: https://www.econbiz.de/10005100880
with managers originating from companies with different incentives and working habits. In this paper, we offer a new way to … influence of shifts occurring both in compensation incentives and in team composition. The results of a real effort experiment … conducted with managers within a large pharmaceutical company show that not only changes in compensation incentives affect …
Persistent link: https://www.econbiz.de/10005101013
This paper surveys the major issues regarding the transferability of tax losses upon a change of control. Whether tax losses should be transferable or not depends on whether the market for corporate control is efficient or not. If there are too few efficiency-enhancing takeovers, then takeovers...
Persistent link: https://www.econbiz.de/10005100736
is based on the list of mergers and acquisitions involving or affecting Canadian corporations, between January 2003 and …
Persistent link: https://www.econbiz.de/10008568670
In order to choose the proper size of an infrastructure and to save as much as possible on investment costs, it is necessary for the responsible party (the Centre in the language of this report) to have access to information that is typically known only by some agents or partners who may use...
Persistent link: https://www.econbiz.de/10005079446
credible so that the installations could see incentives to be in compliance with the regulation. Inspection is generally … carried out by the government who sets up the regulation. We have highlighted some economic incentives in order that the most …
Persistent link: https://www.econbiz.de/10005100455
We consider the response to incentives as an explanation for productivity differences within a firm that paid its …: one due to differences in ability and the other due to differences in the response to incentives. We apply this … that individuals do react differently to incentives. However, while the women in our sample reacted slightly more to …
Persistent link: https://www.econbiz.de/10005100605
Our objective in this paper is to illustrate and better understand the unavoidable arbitrage between incentives and …
Persistent link: https://www.econbiz.de/10005100623
We consider the cost of providing incentives through tournaments when workers are inequity averse and performance …
Persistent link: https://www.econbiz.de/10005100711
We analyze a two-task work environment with risk-neutral but inequality averse individuals. For the agent employed in task 2 effort is verifiable, while in task 1 it is not. Accordingly, agent 1 receives an incentive contract which, due to his wealth constraint, leads to a rent that the other...
Persistent link: https://www.econbiz.de/10005100739