Showing 1 - 10 of 14
We use an experiment to study the impact of team-based incentives, exploiting rich data from personnel records and … task reallocation. We find that the provision of financial incentives did raise individual performance but that managers …
Persistent link: https://www.econbiz.de/10011166368
Three dimensions characterize a management control system: the nature of the involvement of operational managers, the degree of customization of the underlying tools and the relationship with the compensation policy. This characterization further formalizes the distinction between diagnostic and...
Persistent link: https://www.econbiz.de/10011082478
This paper examines the incentives from stock options for loss-averse employees subject to probability weighting … incentives are maximized for strike prices set around the stock price at inception. This finding is consistent with companies … examines the relationship between risk taking incentives and stock options and finds that an executive who is subject to …
Persistent link: https://www.econbiz.de/10010891141
This paper examines the incentives from stock options for loss-averse employees subject to probability weighting … incentives are maximized for strike prices set around the stock price at inception. This finding is consistent with companies … examines the relationship between risk taking incentives and stock options and finds that an executive who is subject to …
Persistent link: https://www.econbiz.de/10010891143
This paper examines the incentives from stock options for loss-averse employees subject to probability weighting …, the model predicts that incentives are maximized for strike prices set around the stock price at inception. This finding … accommodating their existence. The paper also examines the relationship between risk taking incentives and stock options and finds …
Persistent link: https://www.econbiz.de/10010891144
This paper examines the incentives from stock options for loss-averse employees subject to probability weighting …, the model predicts that incentives are maximized for strike prices set around the stock price at inception. This finding …
Persistent link: https://www.econbiz.de/10010783758
Two agents sequentially contracts with different principals under moral hazard. If agents care for one another, the second principal gains by insuring them over first wages. Even with independent tasks, the first principal must offer riskier payments to induce effort.
Persistent link: https://www.econbiz.de/10010795028
competitors have incentives to bribe regulated firms to have them overstate their costs and produce less, thereby softening …
Persistent link: https://www.econbiz.de/10010795034
highlights that incentives do prove decisive insofar as the probability of having a formal business is greater among HB heads who …
Persistent link: https://www.econbiz.de/10010706475
The taxonomy extends the distinction between diagnostic and interactive control systems by adding two new dimensions to the one introduced by Simons (1995) which focuses on the nature of the involvement of operational managers. The first new dimension concerns the degree of specificity of the...
Persistent link: https://www.econbiz.de/10010708449