Narrow search
Showing 1 - 10 of 231
Cover Image
Executive compensation, firm performance, and chaebols in Korea: evidence from new panel data
Kato, Takao; Kim, Woochan; Lee, Ju Ho - 2005
This paper provides the first rigorous econometric estimates on the pay-performance relations for executives of Korean firms with and without Chaebol affiliation. To do so, we have assembled for the first time panel data (that provide information not only on executive compensation and firm...
Persistent link: https://www.econbiz.de/10010267324
Cover Image
Are oligarchs productive? Theory and evidence
Gorodnichenko, Yuriy; Grygorenko, Yegor - 2008
This paper develops a partial equilibrium model to account for stylized facts about the behavior of oligarchs, politically and economically strong conglomerates in transition and developing countries. The model predicts that oligarchs are more likely than other owners to invest in productivity...
Persistent link: https://www.econbiz.de/10010268738
Cover Image
How unjust! An experimental investigation of supervisors' evaluation errors and agents' incentives
Marchegiani, Lucia; Reggiani, Tommaso; Rizzolli, Matteo - 2011
In our simple model the supervisor: i) cannot observe the agent's effort; ii) aims at inducing the agent to exert high effort; but iii) can only offer rewards based on performance. Since performance is only stochastically related to effort, evaluation errors may occur. In particular, deserving...
Persistent link: https://www.econbiz.de/10010282338
Cover Image
An Experimental Test of Career Concerns
Koch, Alexander K.; Morgenstern, Albrecht; Raab, Philippe - 2004
Holmström?s (1982/99) career concerns model has become an important workhorse for the analysis of agency issues in many fields. The underlying signal jamming argument requires players to use information in a Bayesian way – which may or may not reasonably approximate real-life decision makers?...
Persistent link: https://www.econbiz.de/10010262147
Cover Image
Task difficulty, performance measure characteristics, and the trade-off between insurance and well-allocated effort
Schnedler, Wendelin - 2006
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/10010268002
Cover Image
Are Managers More Machiavellian than Other Employees?
Baktash, Mehrzad B.; Jirjahn, Uwe - 2023
.e., those with the highest scores of Machiavellianism are most likely to be managers. It also suggests that the direction of …
Persistent link: https://www.econbiz.de/10014377264
Cover Image
Race, Performance, Pay and Retention among National Basketball Association Head Coaches
Kahn, Lawrence M. - 2004
This paper estimates racial differences in the retention probability, pay and performance of NBA coaches over the 1996-2003 period. Using a hazard function approach, I find small and statistically insignificant racial differences in the exit hazard, conditional on team performance, team payroll,...
Persistent link: https://www.econbiz.de/10010261874
Cover Image
Unions and the Labor Market for Managers
Pischke, Jörn-Steffen; Hallock, Kevin F.; DiNardo, John - 2000
We examine the relationship between the employment and compensation of managers and CEOs and the presence of a … monitoring, which requires more managers. The model also assumes rent sharing between workers, managers and the owners of the … firm. Unions, by redistributing rents towards the workers, lead to lower employment and lower pay for managers. Using a …
Persistent link: https://www.econbiz.de/10010262364
Cover Image
A theory of expert leadership
Goodall, Amanda H. - 2012
How much knowledge should leaders have of their organization's core business? This is an important question but not one that has been addressed in the management literature. In a new 'theory of expert leadership' (TEL), this paper blends conceptual work with recent empirical evidence. It...
Persistent link: https://www.econbiz.de/10010282236
Cover Image
Expert leaders in a fast-moving environment
Goodall, Amanda H.; Pogrebna, Ganna - 2012
mechanics compared with leaders who were principally managers or engineers with degrees. There is a notable association between …
Persistent link: https://www.econbiz.de/10010287664