) whether the impact of import penetration is driven by implied efficiency effects. We use data from the manufacturing industry … that the impact of import penetration is not biased by efficiency effects. …

bonuses under a Management-by-Objectives (MBO) incentive scheme. Six years of personnel data of 177 managers in a German …

This paper studies how altruism between managers and employees affects relational incentive contracts. To this end we … productivity and players utility in equilibrium. -- altruism ; spite ; incentives ; relational contracts ; efficiency wages …

The core role of managerial accounting is to provide information to facilitate managers' decisions and influence their … experiment in a large retail chain. In a 2 × 2 factorial design, we vary: (i) whether store managers obtain access to decision … different behavioral channels. In particular, managers make use of the information provided by placing higher-margin products …

managers, coupled with bonuses based on their leadership rank among all leaders. Our intervention increased worker productivity …

evaluates that literature, clarifies what tournament theory predicts about the relationship, identifies methodological pitfalls … relationship between pay disparity and firm performance. Tournament theory offers a unified framework that can explain an inverted …

seminal study, Lazear (1990) found that contract avoidance of severance pay firing costs was theoretically simple - a bonding …

perfect competition, the resulting efficiency loss can be much larger than that imposed by a single firm or principal, who …