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Reference dependent preferences and the impact of wage increases on job satisfaction : theory and evidence

Grund, Christian (contributor); Sliwka, Dirk (contributor) - 2005

The impact of wage increases on job satisfaction is explored theoretically and empirically. To do this, we apply a utility function that rises with the absolute wage level as well as with wage increases. It is shown that when employees can influence their wages by exerting effort, myopic utility...

Persistent link: https://www.econbiz.de/10003222507

Works councils and performance appraisals

Grund, Christian; Sliwka, Dirk; Titz, Krystina - 2019

Drawing on two large German representative data sets, we analyze the role of works councils for the use of performance appraisals (PA). We distinguish between the incidence of performance appraisal systems as intended by the firm and their actual implementation on the level of the individual...

Persistent link: https://www.econbiz.de/10012121631

Discrete innovation, continuous improvement, and competitive pressure

Ghosh, Arghya (contributor); Kato, Takao (contributor); … - 2007

Does competitive pressure foster innovation? In addressing this important question, prior studies ignored a distinction … between discrete innovation aiming at entirely new technology and continuous improvement consisting of numerous incremental … innovation will lead to a much richer understanding of the interplay between firms’ incentives to innovate and competitive …

Persistent link: https://www.econbiz.de/10003571666

Managerial incentives and favoritism in promotion decisions : theory and field evidence

Berger, Johannes; Herbertz, Claus; Sliwka, Dirk - 2011

This paper investigates the effects of managerial incentives on favoritism in promotion decisions. First, we theoretically show that favoritism leads to a lower quality of promotion decisions and in turn lower efforts. But the effect can be mitigated by pay-for-performance incentives for...

Persistent link: https://www.econbiz.de/10009232290

Incentives and cooperation in firms : field evidence

Berger, Johannes; Herbertz, Claus; Sliwka, Dirk - 2011

We empirically investigate the impact of incentive scheme structure on the degree of cooperation in firms using a unique and representative data set. Combining employee survey data with detailed firm level information on the relative importance of individual, team, and company performance for...

Persistent link: https://www.econbiz.de/10009235552

High performance work practices and employee voice : a comparison of Japanese and Korean workers

Bae, Kiu-sik; Chūma, Hiroyuki; Kato, Takao; Kim, Dong-bae - 2010

Using a unique new cross-national survey of Japanese and Korean workers, we report the first systematic evidence on the effects on employee voice of High Performance Work Practices (HPWPs) from the two economies which are noted for the wide use of HPWPs. We find for both nations that: (i)...

Persistent link: https://www.econbiz.de/10003966964

The complementary use of experiments and field data to evaluate management practices : the case of subjective performance evaluations

Kampkötter, Patrick; Sliwka, Dirk - 2015

Most firms rely on subjective evaluations by supervisors to assess their employees' performance. This article discusses the implementation of such appraisal processes, exploring the use of multiple research methods such as the analysis of personnel records, survey data, and lab and field...

Persistent link: https://www.econbiz.de/10011308995

How do agents react to dynamic wage increases? : an experimental study

Sliwka, Dirk; Werner, Peter - 2016

We investigate how workers' performance is affected by the timing of wages in a real-effort experiment. In all treatments agents earn the same wage sum but wage increases are distributed differently over time. We find that agents work harder under increasing wage profiles if they do not know...

Persistent link: https://www.econbiz.de/10011455817

Executive compensation, firm performance, and corporate governance in China : evidence from firms listed in the Shanghai and Shenzhen stock exchanges

Kato, Takao (contributor); Long, Cheryl (contributor) - 2005

This paper provides evidence on how executive compensation relates to firm performance in listed firms in China. Using comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data on executive compensation and ownership structure, we find for...

Persistent link: https://www.econbiz.de/10003225948

Executive compensation, firm performance, and chaebols in Korea : evidence from new panel data

Kato, Takao (contributor); Kim, U-chʾan (contributor); … - 2005

This paper provides the first rigorous econometric estimates on the pay-performance relations for executives of Korean firms with and without Chaebol affiliation. To do so, we have assembled for the first time panel data (that provide information not only on executive compensation and firm...

Persistent link: https://www.econbiz.de/10003225965