Narrow search
Showing 1 - 10 of 1,784
Cover Image
What explains the rise in CEO pay in Germany? A panel data analysis for 1977 - 2009
Fabbri, Francesca; Marin, Dalia - 2012
The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile takeover of Mannesmann in 2000 and it is again in the spotlight since the outbreak of the financial crisis of 2009. Based on unique panel data evidence of the 500 largest firms...
Persistent link: https://www.econbiz.de/10010282632
Cover Image
Bonus culture: Competitive pay, screening, and multitasking
Bénabou, Roland; Tirole, Jean - 2013
This paper analyzes the impact of labor market competition and skill-biased technical change on the structure of compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most talented workers leads to an escalating reliance on...
Persistent link: https://www.econbiz.de/10010293214
Cover Image
Bonus Culture: Competitive Pay, Screening, and Multitasking
Benabou, Roland; Tirole, Jean - Institute for the Study of Labor (IZA) - 2013
This paper analyzes the impact of labor market competition and skill-biased technical change on the structure of compensation. The model combines multitasking and screening, embedded into a Hotelling-like framework. Competition for the most talented workers leads to an escalating reliance on...
Persistent link: https://www.econbiz.de/10010635587
Cover Image
When the early bird catches the worm: The impact of training in retail
Hinerasky, Christiane; Fahr, René - 2011
We econometrically evaluate the performance effects of a six month e-learning programme in a large retail chain with monthly data on sales revenue, for four years using panel regressions. Participants in early cohorts show positive performance effects during training periods that depreciate...
Persistent link: https://www.econbiz.de/10010282276
Cover Image
The value of earning for learning: Performance bonuses in immigrant language training
Aslund, Olof; Engdahl, Mattias - 2012
metropolitan areas; in other parts of Sweden performance was unaffected. The relative effects were larger for younger students but …
Persistent link: https://www.econbiz.de/10010291377
Cover Image
CEO and board characteristics as determinants of private benefits of control: Evidence from the Russian stock exchange
Berezinets, Irina; Ilina, Yulia; Muravyev, Alexander - 2011
This paper investigates whether and how various characteristics of CEOs and corporate boards are related to the severity of corporate governance problems within firms. The latter is proxied by private benefits of control, which we measure for dual class stock firms using the voting premium...
Persistent link: https://www.econbiz.de/10010282260
Cover Image
Executive Compensation and Competition in the Banking and Financial Sectors
Guadalupe, Maria; Cuñat, Vicente - 2004
This paper studies the effect of product market competition on the compensation packages that firms offer to their executives and in particular its impact on the sensitivity of pay to performance. To measure the effect of competition we use two different identification strategies on a panel of...
Persistent link: https://www.econbiz.de/10010272722
Cover Image
Differentiation and performance: An empirical investigation on the incentive effects of bonus plans
Kampkötter, Patrick; Sliwka, Dirk - 2011
It is often claimed that supervisors do not differentiate enough between high and low performing employees when evaluating performance. The purpose of this paper is to study the incentive effects of this behavior empirically. We first show in a simple model that the perceived degree of past...
Persistent link: https://www.econbiz.de/10010282509
Cover Image
Performance pay and the gender wage gap: Evidence from Spain
de la Rica, Sara; Dolado, Juan José; Vegas, Raquel - 2010
This paper uses detailed information from a large wage survey in 2006 to analyze the gender wage gap in the performance-pay (PP) component of total hourly wages and its contribution to the overall gender gap in Spain. Under the assumption that PP is determined in a more competitive fashion than...
Persistent link: https://www.econbiz.de/10010276407
Cover Image
Sweden's pensioners: how they have fared in the roller coaster ride through the past decade and a half of deep recession and economic exuberance
Gustafsson, Björn; Johansson, Mats; Palmer, Edward - 2007
This study analyses the development of the economic well-being of the elderly in Sweden since 1990 - a period … Survey. The elderly were not isolated as pensions were cut, full indexation abandoned and taxes increased during Sweden … elderly. Overall, poverty among the elderly in Sweden remains low in an international perspective and our analysis leads us to …
Persistent link: https://www.econbiz.de/10010268905