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Contrary to previous literature we hypothesize that labor's interest may well – like that of shareholders – aim at … interest in increasing incentive-based compensation to avoid management's excessive risk taking and short-run oriented …
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The pay determining process of CEOs of UK higher education institutions is modelled using three econometric methodologies applied to a large and unique dataset for the academic years 1997/98 through to 2005/06. A gender differential in pay is detected and this differential remains robust across...
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When designing incentives for a manager, the trade-off between insurance and a "good" allocation of effort across various tasks is often identified with a trade-off between the responsiveness (sensitivity, precision, signal-noise ratio) of the performance measure and its similarity (congruity,...
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