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Social Comparisons in Wage Delegation : Experimental Evidence
Charness, Gary - 2013
workers' wages or let them choose their own. Firms can delegate the wage decision to neither, one or both workers in the firm …. We vary the information workers receive, finding that social comparisons concerning both wages and decision rights affect …
Persistent link: https://www.econbiz.de/10013071433
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Empowerment and the Dark Side of Delegation
Kräkel, Matthias - 2018
The existing delegation literature has focused on different preferences of principal and agent concerning project selection, which makes delegating authority costly for the principal. This paper shows that delegation has a cost even when the preferences of principal and agent are exogenously...
Persistent link: https://www.econbiz.de/10012929070
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Risk, Delegation, and Project Scope
Roider, Andreas - 2021
This paper studies a partial-contracting model where an agent may provide effort to increase a project's scope before some later decisions have to be taken. Consistent with existing empirical evidence, we find a positive relationship between exogenous risk and delegation. That is, we show that...
Persistent link: https://www.econbiz.de/10013316757
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How Do Labor Representatives Affect Incentive Orientation of Executive Compensation?
Dyballa, Katharina - 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/10012984836
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Management Compensation and the Economic Crisis : Longitudinal Evidence from the German Chemical Sector
Grund, Christian - 2013
extent to which managers' compensation was affected by the economic crisis and the extent to which it increased afterwards … perspective. We also examine that certain parts of managers seem to have more power to influence their compensation than others …. Inequality in managers' compensation decreased during the crisis …
Persistent link: https://www.econbiz.de/10013080144
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On the Determinants of Pay of CEOs in UK Public Sector Higher Education Institutions
Bachan, Ray - 2021
, but are rewarded favourably by increasing the volume of tuition fees. There is some support for 'tournament theory' as an …
Persistent link: https://www.econbiz.de/10013324757
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Management Compensation and Firm-Level Income Inequality
Frederiksen, Anders; Poulsen, Odile M. - 2021
In recent decades, most developed countries have experienced a simultaneous increase in income inequality and management compensation. In this paper, we study the relation between management compensation and firm-level income dynamics in a general equilibrium model. Empirical estimation, of the...
Persistent link: https://www.econbiz.de/10013324993
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Wage Premia for Newly Hired Employees : Theory and Evidence
Kampkötter, Patrick - 2011
employees care for wages as well as match-specific utility, incumbents earn less than new recruits if and only if firm …
Persistent link: https://www.econbiz.de/10013129084
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In-Work Benefits and Unemployment
Tonin, Mirco - 2011
wages are fixed. We also account for the financing of these benefits and determine the level of benefits necessary to …
Persistent link: https://www.econbiz.de/10013130454
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The Direct Incidence of Corporate Income Tax on Wages
Arulampalam, Wiji - 2010
We examine the extent to which taxes on corporate income are directly shifted onto the workforce. We use data on 55,082 companies located in nine European countries over the period 1996-2003. We identify this direct shifting through cross-company variation in tax liabilities, conditional on...
Persistent link: https://www.econbiz.de/10013136304