Showing 1 - 10 of 1,872
We study compensation packages in family and non-family firms. Using matched employer-employee data for a representative sample of French establishments, we first show that family firms pay on average lower wages to their workers. We find that part of this wage gap is due to differences in...
Persistent link: https://www.econbiz.de/10010278562
We study compensation packages in family and non-family firms. Using matched employer-employee data for a representative sample of French establishments, we first show that family firms pay on average lower wages to their workers. We find that part of this wage gap is due to differences in...
Persistent link: https://www.econbiz.de/10009195642
improving efficiency. …
Persistent link: https://www.econbiz.de/10010273861
with managers from companies with different incentives, work habits and recruiting methods. In this paper, we investigate … managers within a large pharmaceutical company not only show that changes in compensation incentives affect performance but … also suggest that the sorting effect of incentives in the previous companies impact cooperation and efficiency after the …
Persistent link: https://www.econbiz.de/10010276427
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/10010291414
learn the abilities of agents. Theory suggests high first-period equilibrium effort in the hidden ability treatment but no …
Persistent link: https://www.econbiz.de/10010261580
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
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
Using comprehensive financial and accounting data on China's listed firms from 1998 to 2002, augmented by unique data on CEO turnover, ownership structure and board characteristics, we estimate Logit models of CEO turnover. We find consistently for all performance measures including both stock...
Persistent link: https://www.econbiz.de/10010274393
This paper tests two hypotheses from the theory of elimination tournaments: (i) that uneven tournaments, where the … contestants are ex ante heterogeneous, entail lower effort exertion; this is a prediction from agency theory that has not been … underlies any agency theory about elimination tournaments, and has been empirically tested in other contexts. The evidence …
Persistent link: https://www.econbiz.de/10010261647