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 …

performance in developing economies looks at variations in impact across specific characteristics of the studies. A marginal year …

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 …

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 …

, including greater regularityof performance appraisal and greater likelihood of employer-based training. A weak relationship …

interaction effects. While meaning outperforms monetary incentives, the latter have a robust positive effect on performance that …

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 …

.<P> Distorted performance measures in compensation contracts elicit suboptimal behavioral responses that may even prove to be … used class of Residual Income based performance measures —such as Economic Value Added (EVA)— is distorted, leading to … and the self-selection of firms using EVA. Our findings indicate that EVA is a distorted performance measure that elicits …

When verifiable performance measures are imperfect, organizations often resort to subjective performance pay. This may … towards specific tasks. We show that subjective performance pay based on evaluation by a biased supervisor has the same … distorting effect on the agent's effort allocation as incentive pay based on an incongruent performance measure. If the principal …

performance. Teams consisting of undergraduate students in business studies start up a venture as part of their curriculum. We … mechanisms suggested in the literature to explain this positive effect of gender diversity on performance (including …