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Based on a two-million-observation panel dataset that matches public firms with detailed data on their employees, we find that entrenched managers pay their workers more. For example, our estimates show that CEOs with more control rights (votes) than all other blockholders together, pay their...
Persistent link: https://www.econbiz.de/10005645442
No abstract.
Persistent link: https://www.econbiz.de/10010818334
and team contest incentives. We develop a model of regard for others and in-group favoritism predicting interaction … lab experiment with exogenous control of both organizational culture and incentives. In line with our theoretical model we … culture is combined with individual contest incentives, prosocial subjects no longer outperform their proself counterparts …
Persistent link: https://www.econbiz.de/10010818327
This paper deals with the interplay between economic incentives and social norms in firms. We outline a simple model of …
Persistent link: https://www.econbiz.de/10005419524
No abstract.
Persistent link: https://www.econbiz.de/10010684417
No abstract.
Persistent link: https://www.econbiz.de/10010684474
No abstract.
Persistent link: https://www.econbiz.de/10010684532
This paper analyzes the interplay between social norms and economic incentives in the context of work decisions in the …
Persistent link: https://www.econbiz.de/10010600196
This paper deals with economic incentives and welfare-state arrangements in OECD countries. This paper emphasises what … interplay between incentives and social norms among individuals, including endogenous changes in these norms. …
Persistent link: https://www.econbiz.de/10010600199
experiment are facing high-powered incentives to increase the risk on behalf of others through hedged compensation contracts or … with tournament incentives. Compared to a baseline condition without such incentives, we find that the decision makers … respond strongly to these incentives that result in an increased risk exposure of others. However, we find that the increase …
Persistent link: https://www.econbiz.de/10010818495