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Bonus Payments, Hierarchy Levels and Tenure : Theoretical Considerations and Empirical Evidence
Grund, Christian - 2010
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/10013136492
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Base Salaries, Bonus Payments, and Work Absence Among Managers in a German Company
Pfeifer, Christian - 2013
bonuses under a Management-by-Objectives (MBO) incentive scheme. Six years of personnel data of 177 managers in a German …
Persistent link: https://www.econbiz.de/10013089005
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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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Worker Stress and Performance Pay : German Survey Evidence
Baktash, Mehrzad; Heywood, John S.; Jirjahn, Uwe - 2022
While performance pay can benefit firms and workers by increasing productivity and wages, it has also been associated with a deterioration of worker health. The transmission mechanisms for this deterioration remain in doubt. We examine the hypothesis that increased stress is one transmission...
Persistent link: https://www.econbiz.de/10014030841
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Managerial Incentives and Favoritism in Promotion Decisions : Theory and Field Evidence
Berger, Johannes - 2011
mitigated by pay-for-performance incentives for managers who decide upon promotion. Second, we analyze matched employer … indeed substantially higher when managers receive performance-related pay or participate in gain sharing plans …
Persistent link: https://www.econbiz.de/10013128837
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The Effect of Adversity on Process Innovations and Managerial Incentives
Dostie, Benoit - 2009
This paper asks whether adversity spurs the introduction of process innovations and increases the use of managerial incentives by firms. Using a large panel data set of workplaces in Canada, our identification strategy relies on exogenous variation in adversity arising from increased border...
Persistent link: https://www.econbiz.de/10013158121
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Principals as Agents? Investigating Accountability in the Compensation and Performance of School Principals
Billger, Sherrilyn M. - 2007
In this study I examine the relationship between accountability (e.g., state sanctions for poor performance, or the presence of goals required by the district) and public secondary principal pay and school performance. Though such incentives and standards are increasingly common, the existing...
Persistent link: https://www.econbiz.de/10012777275
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Task Difficulty, Performance Measure Characteristics, and the Trade-Off between Insurance and Well-Allocated Effort
Schnedler, Wendelin - 2021
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/10013317592
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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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The Productivity Effects of Profit Sharing, Employee Ownership, Stock Option and Team Incentive Plans : Evidence from Korean Panel Data
Kato, Takao - 2010
We report the first results for Korean firms on the incidence, diffusion, scope and effects of diverse employee financial participation schemes, such as Profit Sharing Plans (PSPs), Employee Stock Ownership Plans (ESOPs), Stock Option Plans (SOPs) and Team Incentive Plans (TIPs). In do doing, we...
Persistent link: https://www.econbiz.de/10013139059