Showing 1 - 10 of 19
We consider the cost of providing incentives through tournaments when workers are inequity averse and performance … envy depending on the costs of assessing performance. More envious employees are preferred when these costs are high, less … à la mesure de la performance. Lorsque ces coûts sont élevés, le principal préférerait des travailleurs plus envieux; à …
Persistent link: https://www.econbiz.de/10005100711
We attempt to answer the following questions: What are the revaluation effects and the impact on performance … liberalization across firms. Large firms tend to exhibit large revaluation effects, insignificant change in performance, large …, improved performance, smaller decline in volatility and decreases in correlation after liberalization. These results hold after …
Persistent link: https://www.econbiz.de/10005100936
This paper investigates the relationship between organizational fit and performance. More specifically internal … between the level of internal coherence and firm performance is assessed in the specific context of SMEs. Results derived from … a particular form of theoretical approach based on fit as gestalt suggest that fit and performance must be interpreted …
Persistent link: https://www.econbiz.de/10005417586
Why do larger corporations have more layers in their hierarchy? My contention in this paper is that hierarchies arise because economic agents have limited ability to anticipate and ascertain every possible contingency they are faced with. As a result, the complete contract may become too complex...
Persistent link: https://www.econbiz.de/10005100944
An extensive academic literature exists on the optimal compensation of top executives. A less-developed literature pertains to the optimal compensation of middle management personnel. The goal of this paper is to address that concern. The setup we use is that of a firm s president (the...
Persistent link: https://www.econbiz.de/10005101028
information can itself be altered by the system's ""complexity,"" which in its extreme from can be described as ""opacity.""" …
Persistent link: https://www.econbiz.de/10011183686
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
réglementations environnementales sur la performance d'affaires, en affirmant que des politiques environnementales bien conçues …
Persistent link: https://www.econbiz.de/10008511751
. These public issuers can be considered low quality firms with poor operating performance. Managers issue equity before a … large decrease in operating and stock market performance. Individual investors do not price the stocks correctly around the … faible qualité présentant une piètre performance opérationnelle. Les dirigeants émettent des actions juste avant une forte …
Persistent link: https://www.econbiz.de/10008542598
performance, concurrence, évaluation et contrôle des coûts et séparation des mécanismes de financement et de prestation des …
Persistent link: https://www.econbiz.de/10005100467