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The core role of managerial accounting is to provide information to facilitate managers' decisions and influence their …-facilitating accounting information on the profit margins of individual products and (ii) whether they receive performance pay based on an …
Persistent link: https://www.econbiz.de/10012487017
We develop a theory of firm scope in which integrating two firms into one facilitates the allocation of resources, but leads to weaker incentives for effort, compared with non-integration. Our theory makes minimal assumptions about the underlying agency problem. Moreover, the benefits and costs...
Persistent link: https://www.econbiz.de/10003464116
This paper explores theoretically and empirically potentially important yet often-neglected linkage between task coordination within the organization and the structure of organization and bundling of HRMPs (Human Resource Management Practices). In so doing, we also provide fresh insights on the...
Persistent link: https://www.econbiz.de/10003561667
it all", but women must still choose between career and family in Germany. We argue that interventions need to address …
Persistent link: https://www.econbiz.de/10008806588
We investigate how bonus payments affect satisfaction and performance of managers in a large, multinational company. We find that falling behind a naturally occurring reference point for bonus comparisons reduces satisfaction and subsequent performance. The effects tend to be mitigated if...
Persistent link: https://www.econbiz.de/10003941775
Using data on executive compensation for the German chemical industry, we investigate the relevance of two theoretical approaches that focus on bonuses as part of a long term wage policy of a firm. The first approach argues that explicit bonuses serve as substitutes for implicit career concerns....
Persistent link: https://www.econbiz.de/10009155574
The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile … unique panel data evidence of the 500 largest firms in Germany in the period 1977-2009 we test two prominent hypotheses in … manager power hypothesis for Germany as executives tend to be rewarded when the sector is doing well rather than the firm they …
Persistent link: https://www.econbiz.de/10009533980
Making use of unique balanced panel data for the German chemical sector from the years 2008 to 2011, we explore the extent to which managers' compensation was affected by the economic crisis and the extent to which it increased afterwards. Carrying out longitudinal analyses, we find that, on...
Persistent link: https://www.econbiz.de/10009754706
models accounting for unobserved heterogeneity and the endogeneity of lagged dependent variables. We find that an increase of …
Persistent link: https://www.econbiz.de/10011543232
We study the impact of managers on the success of professional soccer teams using data from the German "Bundesliga". We evaluate the performance impact of individual managers by estimating regression models that include both team and manager fixed effects, where we are exploiting the high...
Persistent link: https://www.econbiz.de/10010417962