Risk-neutral individuals take more risky decisions when they have limited liability. Risk-neutral managers may not when … return. Further results on the form of contracts are also derived. -- managers ; risky decisions ; limited liability …

Companies increasingly shift from hierarchical to team-based organizational structures. Scholars and practitioners … performance time-wise, but also team organization, without reducing the originality of solutions. Hence, leadership encouragements … can serve as a cost-effective tool to foster team performance. …

result of powerful managers setting their own pay. Others interpret high pay as the result of optimal contracting in a …

Despite the prevalence of non-routine analytical team tasks in modern economies, little is known about how incentives …

also render teams’ identity and social-image concerns salient. We study the effects of tournaments on team performance in a …,700 participants), we vary the salience of team identity, social-image concerns, and whether teams face monetary incentives. Increased … salience of team identity does not improve performance. Social-image motivates mainly the top-performing teams. Additional …

qualitative feedback from the managers involved, are analyzed. It is argued that EVA bonus schemes may have a major …