Showing 1 - 10 of 46
Baker (2002) has demonstrated theoretically that the quality of performance measures used in compensation contracts … noise and distortion of a performance measure can be measured. Courty and Marschke (2007) have recently developed an elegant … empirical test to detect distortion, based on the degradation of a performance measure subsequent to increasing its weight in …
Persistent link: https://www.econbiz.de/10005137095
in Scotland. New measures of flexibility and turbulence are used to explain the performance of mature small firms. These … depend on our unique body of evidence from interviews with owner managers. Performance is measured using a Likert scale over … performance. This is done in two forms. The first involves generalised least squares estimation (with heteroskedastic adjustment …
Persistent link: https://www.econbiz.de/10005137189
This paper studies wage structure characteristics and their incentive effects within one firm. Based on personnel records and an employee survey, we provide evidence that wages are attached to jobs and that promotions play a dominant role as a wage determinant. We furthermore show that a...
Persistent link: https://www.econbiz.de/10005144477
performance. Measured performance equals actual performance plus noise. We compare a stable environment where the noise is small … expectancy theory; noisier performance measures do not lower work motivation.<P> …
Persistent link: https://www.econbiz.de/10005144498
A worker's utility may increase with his income, but envy can make his utility decline with his employer's income. This article uses a principal-agent model to study profit-maximizing contracts when a worker envies his employer. Envy tightens the worker's participation constraint and so calls...
Persistent link: https://www.econbiz.de/10005136986
affects the performance of firms that increase the power of the incentive schemes. In a laboratory experiment, we let subjects …
Persistent link: https://www.econbiz.de/10008838641
performance in developing economies looks at variations in impact across specific characteristics of the studies. A marginal year …
Persistent link: https://www.econbiz.de/10005144501
How valuable is education for entrepreneurs’ performance as compared to employees’? What might explain any differences … show furthermore that entrepreneurs have higher returns to education than employees (in terms of the comparable performance …
Persistent link: https://www.econbiz.de/10008513241
effect of talent, enhance entrepreneurial performance? We distinguish between three different performance measures: survival … founders, we conclude that specific investments indeed affect the three performance measures substantially and significantly …
Persistent link: https://www.econbiz.de/10005450787
performance. The entrepreneur's human capital is, though, only one of the input factors into the production process of her venture … formulate the following proposition: The performance of an entrepreneur is not only affected positively by her own education …>j</I> and year <I>t</I> and several measures of the performance of individual entrepreneurs in that same country and year …
Persistent link: https://www.econbiz.de/10008916007