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decline of ‘bureaucratic’ models of employee management and the rise of performance pay and performance management conflicts … with the common rule as management seek to tie rewards more closely to individual and organisational performance. CEP … employees regard unions as effective vehicles for procedural justice. In this way, management can achieve better operation of …
Persistent link: https://www.econbiz.de/10010745836
CEO incentive contracts are commonplace in China but their incidence varies significantly across Chinese cities. We show that city and provincial policy experiments help explain this variance. We examine the role of two policy experiments: the use of Special Economic Zones (SEZs) to attract...
Persistent link: https://www.econbiz.de/10010884490
We analyze the contracting structure in a moral hazard setting with several agents where output is produced jointly and is the only contractible variable. Since the salary of each agent is a function of all agents efforts, a positive externality arises between them. This externality is not...
Persistent link: https://www.econbiz.de/10010928768
more likely to engage in other human resource management policies that result in long employment relationships. Overall …
Persistent link: https://www.econbiz.de/10010745067
Contingency formulations of Human Resource Management (HRM) theory suggest that the effectiveness of HRM practices …
Persistent link: https://www.econbiz.de/10010745074
Overall, collective bargaining coverage has dropped by around fourteen percentage points. This paper investigates the causes and consequences of the decline in collective bargaining in Britain between 1990 and 1998. One in three workplaces that practiced collective bargaining in 1990 had...
Persistent link: https://www.econbiz.de/10010745126
Relations Survey in order to assess (i) their associations with union recognition and strategic human resource management and …'' Human Resource Management (HRM) policies are strongly associated with flexible working practices. Employees are least likely …
Persistent link: https://www.econbiz.de/10010745242
This paper uses the Management and Employee Questionnaires from the 1998 Workplace Employee Relations Survey (WERS98 …
Persistent link: https://www.econbiz.de/10010745244
All that we know about the CEO labour market in China comes from studies of public listed companies and state-owned enterprises (SOEs). This paper is the first to examine the operation of the CEO labour market across all sectors of the Chinese economy. We do so using World Bank enterprise data...
Persistent link: https://www.econbiz.de/10010745536
When a firm has external debt and monitoring by shareholders is essential, managerial bonuses are shown to be an optimal solution. A small managerial bonus linked to firm's performance not only reduces moral hazard between managers and shareholders, but also between creditors and monitoring...
Persistent link: https://www.econbiz.de/10010746076