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How do labor representatives affect incentive orientation of executive compensation?

Dyballa, Katharina; Kraft, Kornelius - 2016

Contrary to previous literature we hypothesize that labor's interest may well – like that of shareholders – aim at securing the long-run survival of the firm. Consequently, employee representatives on the supervisory board could well have an interest in increasing incentive-based...

Persistent link: https://www.econbiz.de/10011526742

Liquidity or capital? : the impacts of easing credit constraints in rural Mexico

Aparicio, Gabriela; Bobić, Vida; De Olloqui, Fernando; … - 2021

loans on production and investment decisions, input use, and yields. Using a multiple treatment methodology, it explores the … important as lack of funding for new investment in capital for rural producers in Mexico. Producers benefit from easing their …

Persistent link: https://www.econbiz.de/10012581494

Does the wealth tax kill jobs?

Bjørneby, Marie; Markussen, Simen; Røed, Knut - 2020

tax imposed on owners of small and medium sized businesses affects their firms' investment and employment decisions …

Persistent link: https://www.econbiz.de/10012295610

Interest rate hysteresis in macroeconomic investment under uncertainty

Belke, Ansgar; Göcke, Matthias - 2019

The interest rate is generally considered as an important driver of macroeconomic investment. As an innovation, this … paper derives the exact shape of the "hysteretic" impact of changes in the interest rate on macroeconomic investment under … capital stock and, explicitly, of stochastic changes on the interest rate-investment hysteresis. Starting with hysteresis …

Persistent link: https://www.econbiz.de/10012099522

Incentives and the sorting of altruistic agents into street-level bureaucracies

Buurman, Margaretha (contributor); … - 2008

Many street-level bureaucrats (such as caseworkers) have the dual task of helping some clients, while sanctioning others. We develop a model of such a street-level bureaucracy and study the implications of its personnel policy on the self-selection and allocation decisions of agents who differ...

Persistent link: https://www.econbiz.de/10003778977

Construction contracts (or : "how to get the right building at the right price?")

Chakravarty, Surajeet (contributor); … - 2006

economics ; incomplete contracts ; construction ; agency theory ; industry studies ; outsourcing ; procurement …

Persistent link: https://www.econbiz.de/10003323165

Task difficulty, performance measure characteristics, and the trade-off between insurance and well-allocated effort

Schnedler, Wendelin (contributor) - 2006

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,...

Persistent link: https://www.econbiz.de/10003323166

Social interaction, co-worker altruism, and incentives

Dur, Robert A. J.; Sol, Joeri - 2009

Social interaction with colleagues is an important job attribute for many workers. To attract and retain workers, managers therefore need to think about how to create and preserve high-quality co-worker relationships. This paper develops a principal-multi-agent model where agents do not only...

Persistent link: https://www.econbiz.de/10003909134

Extrinsic rewards and intrinsic motives : standard and behavioral approaches to agency and labor markets

Rebitzer, James B.; Taylor, Lowell J. - 2010

Employers structure pay and employment relationships to mitigate agency problems. A large literature in economics documents how the resolution of these problems shapes personnel policies and labor markets. For the most part, the study of agency in employment relationships relies on highly...

Persistent link: https://www.econbiz.de/10008688992

Team governance : empowerment or hierarchical control

Friebel, Guido (contributor); … - 2007

We investigate a team setting in which workers have different degrees of commitment to the outcome of their work. We show that if there are complementarities in production and if the team manager has some information about team members, interventions that the manager undertakes in order to...

Persistent link: https://www.econbiz.de/10003578893

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