Showing 1 - 10 of 268
We estimate the effects of a mandate allocating a third of corporate board seats to workers (shared governance). We study a reform in Germany that abruptly abolished this mandate for certain firms incorporated after August 1994 but locked it in for the older cohorts. In sharp contrast to the...
Persistent link: https://www.econbiz.de/10012138860
Using multilevel mixed effects ordered logistic models, this paper conducts an original investigation of the new management as a technology approach for all EU nations in a framework that explicitly recognizes worker representation while incorporating the notion of affective commitment. It is...
Persistent link: https://www.econbiz.de/10012223854
This paper brings together two factors deemed important correlates of firm performance: advanced management practices and works councils. The country sample comprises nations where workplace representation is via a works council. The Management Questionnaire of the 2013 European Company Survey...
Persistent link: https://www.econbiz.de/10012294769
Usually, groups increase their productivity by the specialization of their group members. In these cases, group output is no longer simply a sum of individual outputs. We analyze contests with group-specific public goods that allow for different degrees of complementarity between group members'...
Persistent link: https://www.econbiz.de/10003994514
Team production is a frequent feature of modern organizations. Combined with team incentives, team production can … create externalities among workers, since their utility upon accepting a contract depends on their team's performance and …
Persistent link: https://www.econbiz.de/10010245995
This paper uses data from a firm with team production to investigate the association between workers' productivity …, risk aversion and preferred bonus scheme (team or individual). Standard economics make a strong prediction in this case …. Workers persistently producing above the team average should vote for an individual bonus. The only concern that may moderate …
Persistent link: https://www.econbiz.de/10009383539
While the output of a team is evident, the productivity of each team member is typically not readily identifiable. In … this paper we consider the problem of measuring the productivity of team members. We propose a new concept of coworker … matrix of a team, and illustrate the operational practicability of EVP by means of three examples representing different …
Persistent link: https://www.econbiz.de/10011735918
team production relative to individual production remains largely unexplored. Heat can affect team and individual … production in distinct ways, potentially increasing aggression, thereby complicating team coordination. Conversely, teams may …
Persistent link: https://www.econbiz.de/10014583809
What happens when employers would like to screen their employees but only observe a subset of output? We specify a model in which heterogeneous employees respond by producing more of the observed output at the expense of the unobserved output. Though this substitution distorts output in the...
Persistent link: https://www.econbiz.de/10013332099
Asymmetric information can distort market outcomes. I study how the online disclosure of information affects consumers' behavior and firms' incentives to upgrade product quality in markets where information is traditionally limited. I first build a model of consumer search with firms' endogenous...
Persistent link: https://www.econbiz.de/10013285520