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Earnings-Tenure Profiles: Tests of Agency and Human Capital Theories Using Individual Performance Data

Kato, Takao; Dong, Xiao-Yuan; Jones, Derek C. - Institute for the Study of Labor (IZA) - 2007

-tenure profiles. Most importantly we provide the first direct test of the relative validity of human capital and agency explanations … in accounting for upward-sloping earnings-tenure profiles; our findings strongly support the agency view. Our second area … of interest concerns employee ownership (many workers at our case are employee owners). Consistent with agency theory we …

Persistent link: https://www.econbiz.de/10005822365

Extrinsic Rewards and Intrinsic Motives: Standard and Behavioral Approaches to Agency and Labor Markets

Rebitzer, James B.; Taylor, Lowell J. - Institute for the Study of Labor (IZA) - 2010

Employers structure pay and employment relationships to mitigate agency problems. A large literature in economics … agency in employment relationships relies on highly stylized assumptions regarding human motivation, e.g., that employees … behavioral complexity and realism into models of agency within organizations. Specifically, we assess the insights gained by …

Persistent link: https://www.econbiz.de/10008560408

Who Lives in the C-Suite? Organizational Structure and the Division of Labor in Top Management

Guadalupe, Maria; Li, Hongyi; Wulf, Julie M. - Institute for the Study of Labor (IZA) - 2012

This paper shows that top management structures in large US firms radically changed since the mid-1980s. While the number of managers reporting directly to the CEO doubled, the growth was driven primarily by functional managers rather than general managers. Using panel data on senior management...

Persistent link: https://www.econbiz.de/10010884351

Consistency in Organization (updated)

Schlicht, Ekkehart - Institute for the Study of Labor (IZA) - 2011

Internal organization relies heavily on psychological consistency requirements. This thought has been emphasized in modern compensation theory, but has not been extended to organization theory. The perspective sheds new light on several topics in the theory of the firm, like the boundaries of...

Persistent link: https://www.econbiz.de/10009251371

Shall We Kill or Enslave Caesar? Analyzing the Caesar Model

Jasso, Guillermina - Institute for the Study of Labor (IZA) - 2008

When a society overthrows a ruler – call the ruler Caesar – what determines whether Caesar is killed or enslaved? This paper presents a model of killing versus enslaving Caesar, based on a new theory which unifies justice, status, and power. The model pertains to societies which value...

Persistent link: https://www.econbiz.de/10005822039

High-Performance Management Practices and Employee Outcomes in Denmark

Cristini, Annalisa; Eriksson, Tor; Pozzoli, Dario - Institute for the Study of Labor (IZA) - 2012

High-performance work practices are frequently considered to have positive effects on corporate performance, but what do they do for employees? After assessing the correlation between organizational innovation and firm performance, this article investigates whether high-involvement work...

Persistent link: https://www.econbiz.de/10010796446

Bonus Payments, Hierarchy Levels and Tenure: Theoretical Considerations and Empirical Evidence

Grund, Christian; Kräkel, Matthias - Institute for the Study of Labor (IZA) - 2010

executive's internal career. Our data show that bonus payments are mostly prevalent among senior executives at higher hierarchy …

Persistent link: https://www.econbiz.de/10008683663

Screening, Competition, and Job Design: Economic Origins of Good Jobs

Bartling, Björn; Fehr, Ernst; Schmidt, Klaus M. - Institute for the Study of Labor (IZA) - 2010

implement a control strategy, which consists of low effort discretion and little or no rent-sharing, or they implement a trust … control strategy prevails, while the possibility of screening renders the trust strategy profitable. The introduction of …

Persistent link: https://www.econbiz.de/10008543256

Trust and Control at the Workplace: Evidence from Representative Samples of Employees in Europe

Grund, Christian; Harbring, Christine - Institute for the Study of Labor (IZA) - 2009

explore the relation between certain measures of control in employment relationships (i.e. working time regulations, use of … strict working time regulations, monitoring and lack of autonomy – all indicators for control at the workplace – are …

Persistent link: https://www.econbiz.de/10005011897

Determinants of Employment Growth at MNEs: Evidence from Egypt, India, South Africa and Vietnam

Bhaumik, Sumon Kumar; Estrin, Saul; Meyer, Klaus - Institute for the Study of Labor (IZA) - 2004

Foreign investors are expected to contribute to economic development through a variety of channels. However, many foreign investment operations are small, and almost insignificant in their impact on the local environment. An important indication of the potential contribution of foreign investors...

Persistent link: https://www.econbiz.de/10005566620