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second-period profit, so that it may be difficult to disentangle the incentives for these two types of effort. The contract …
Persistent link: https://www.econbiz.de/10011538964
incentives, and why peer firm pay matters beyond retention concerns. Fairness also matters to investors, with shareholder returns …
Persistent link: https://www.econbiz.de/10012584217
incentives, are only found in sectors with a large environmental footprint. …
Persistent link: https://www.econbiz.de/10015077841
managerial incentives caused by FA. For this purpose we set up a LEN-type principal-agent model with agents in two different … compensation to managers in low-tax jurisdictions, if payroll enters the FA formula. Managers in high-tax jurisdictions face the …
Persistent link: https://www.econbiz.de/10010383849
We analyze the effects of optimism and overconfidence when the manager's compensation package includes severance pay and the CEO has bargaining power. We find that optimism does not affect incentive pay but increases severance pay with a negative effect on profit. Overconfidence, on the...
Persistent link: https://www.econbiz.de/10013255972
selection probability induce the monetary incentives in a large-scale Internet treatment. Two laboratory treatments complement … incentives. Our results suggest that cost-effective BRIS consist of high nominal payoffs and a small selection probability. …
Persistent link: https://www.econbiz.de/10011500169
interaction with monetary incentives. We find that motivational talk significantly improves performance only if it is accompanied …
Persistent link: https://www.econbiz.de/10009793159
In this paper we present results from a large scale real effort experiment in an online labor market investigating the effect of performance pay and two common leadership techniques: Positive expectations and specific goals. We find that positive expectations have a significant negative effect...
Persistent link: https://www.econbiz.de/10011977160
Tournaments are often used to improve performance in innovation contexts. Tournaments provide monetary incentives but …,700 participants), we vary the salience of team identity, social-image concerns, and whether teams face monetary incentives. Increased … monetary incentives improve all teams’ outcomes without crowding out teams’ willingness to explore or perform similar tasks …
Persistent link: https://www.econbiz.de/10012597694
systematically consider three major classes of incentive schemes: continuous piece rate incentives, discrete bonus schemes, and … tournament incentives. We find that pay inequality has a strong negative effect on perceived fairness. Controlling for pay …
Persistent link: https://www.econbiz.de/10015414143