Showing 1 - 10 of 14
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
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
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
Theoretical analyses of (optimal) performance measures are typically performed within the realm of the linear agency … noise in the performance measure. In contrast, expectancy theory as developed by psychologists predicts lower effort levels … for noisier performance measures. We conduct a real effort laboratory experiment and find that effort levels are invariant …
Persistent link: https://www.econbiz.de/10005209530
This paper analyzes empirically the relationship between pay and performance. Economic and psychological theories … predict that the design and implementation of a performance measurement and compensation system affect the motivation of …
Persistent link: https://www.econbiz.de/10005144489
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
Recent research reveals that hedge fund returns exhibit a range of different, possibly non-linear pay-off patterns. It is difficult to qualify all these patterns simultaneously as being rational in a traditional framework for optimal financial decision making. In this paper we present a simple...
Persistent link: https://www.econbiz.de/10005144566
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