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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
mitigated by pay-for-performance incentives for managers who decide upon promotion. Second, we analyze matched employer …This paper investigates the effects of managerial incentives on favoritism in promotion decisions. First, we … indeed substantially higher when managers receive performance-related pay or participate in gain sharing plans …
Persistent link: https://www.econbiz.de/10013128837
cycle of managers. We calibrate this model to U.S plant-size data to quantify the effects of distortions that are correlated …
Persistent link: https://www.econbiz.de/10013120407
The core role of managerial accounting is to provide information to facilitate managers' decisions and influence their … behavior through incentives. We study the impact of these two roles of information on profits by implementing a field … experiment in a large retail chain. In a 2 × 2 factorial design, we vary: (i) whether store managers obtain access to decision …
Persistent link: https://www.econbiz.de/10013238644
We develop a model of job search and use it to assess the effects that the Brazilian unemployment benefit system has on exit rates from unemployment. In our setup, unemployed workers receive job offers from the formal and informal sectors and decide whether to accept them or wait. Only jobs in...
Persistent link: https://www.econbiz.de/10013130452
We present evidence on social incentives in the workplace, namely on whether workers' behavior is affected by the … are paid piece rates based on individual productivity, social incentives can be quantified in monetary terms and are such … productivity by 10%. The distribution of worker ability is such that the net effect of social incentives on the firm's aggregate …
Persistent link: https://www.econbiz.de/10013134643
endogenized. We show that graduate taxes reduce work incentives but provide incentives to improve teaching quality. Yet if tax …
Persistent link: https://www.econbiz.de/10013135633
This paper studies the interplay between economic incentives and social norms in firms. We introduce a general … also show how social norms can induce multiplicity of equilibria and how steeper economic incentives can reduce effort …
Persistent link: https://www.econbiz.de/10013136669
in a simple model that the perceived degree of past differentiation affects future incentives. We then study the impact …
Persistent link: https://www.econbiz.de/10013118767
We investigate the influence of two widespread compensation schemes, individual piece-rates and team incentives, on … pronounced under team incentives than under individual piece-rates, which highlights a so far fairly neglected feature of these …
Persistent link: https://www.econbiz.de/10013120402