Similar Search Results

Risk, Uncertainty and Entrepreneurship: Evidence from a Lab-in-the-Field Experiment

Koudstaal, Martin; Sloof, Randolph; Praag, Mirjam C. van - Institute for the Study of Labor (IZA) - 2014

perform a large 'lab-in-the-field' experiment comparing entrepreneurs to managers – a suitable comparison group – and … employees (n = 2288). The results indicate that entrepreneurs perceive themselves as less risk averse than managers and …

Persistent link: https://www.econbiz.de/10010959844

The Dispersion of Employees? Wage Increases and Firm Performance

Grund, Christian; Westergård-Nielsen, Niels Christian - 2004

incentives effects compared to adverse effects due to fairness considerations. We argue that the dispersion of wage increases … rather than wage levels is a crucial measure for monetary incentives in firms. The larger the dispersion of wage increases … the higher the amount of monetary incentives in firms. In contrast, huge wage inequality without any promotion …

Persistent link: https://www.econbiz.de/10010277232

Risk tolerance and entrepreneurship

Hvide, Hans K.; Panos, Georgios A. - 2013

A tradition from Knight (1921) argues that more risk tolerant individuals are more likely to become entrepreneurs, but perform worse. We test these predictions with two risk tolerance proxies: stock market participation and personal leverage. Using investment data for 400,000 individuals, we...

Persistent link: https://www.econbiz.de/10010293212

Female-Led Firms: Performance and Risk Attitudes

Parrotta, Pierpaolo; Smith, Nina - 2013

This paper investigates the relationship between gender of the CEO and composition of the board of directors (female chairman and share of women in the boardroom) and firm's risk attitudes measured as variability in four firm outcome variables (investments, profits, return to equity, and sales)....

Persistent link: https://www.econbiz.de/10010329169

Risk Tolerance and Entrepreneurship

Hvide, Hans K.; Panos, Georgios A. - Institute for the Study of Labor (IZA) - 2013

Persistent link: https://www.econbiz.de/10010610137

Female-Led Firms: Performance and Risk Attitudes

Parrotta, Pierpaolo; Smith, Nina - Institute for the Study of Labor (IZA) - 2013

Persistent link: https://www.econbiz.de/10010737586

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

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 …

Persistent link: https://www.econbiz.de/10010268002

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

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