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unobservable abilityfor employers and improves productivity after education. Selection setsbetter incentives in primary education ….Chapter four discusses the impact of ability grouping in secondary educationon student incentives. Education provides a signal on … (Gesamtschulen) hat die erworbeneQualifikation aber eine höhere Signalwirkung. Deswegen haben die Schülerauch einen höheren Anreiz …
Persistent link: https://www.econbiz.de/10009471898
Neoclassical analysis of the labor market and its institutions. A systematic development of the theory of labor supply, labor demand, and human capital. Topics discussed also include wage and employment determination, turnover, search, immigration, unemployment, equalizing differences, and...
Persistent link: https://www.econbiz.de/10009432547
We examine the effects of venture capitalist involvement and equity incentives for all employees on the performance of …. Results indicate venture capitalists positively influence the likelihood the portfolio firm will offer equity incentives to … all employees. Consistent with the agency theory argument that monitoring and incentives can behave as complements to one …
Persistent link: https://www.econbiz.de/10009452188
productivity of their employees. In a cross-sectional study of 86 employees and 17 managers in an Information Technology (IT … manager. Furthermore, we hypothesize that optimistic managers embody positive leadership—employing a strengths-based approach … subset of this data prospectively, with 39 employees and 14 managers, manager optimism predicted project performance. Our …
Persistent link: https://www.econbiz.de/10009438614
not delivered productivity gains and have had a negative effect on managers' well-being. The effects of change were … perceived differently by directors and other managers. Despite continuous cost reduction, productivity in the UK remains below …The paper explores the effects of organisational change on UK managers' perceptions of their organisation and on their …
Persistent link: https://www.econbiz.de/10009458985
This paper examines the information content of stock option exercises versus regular insider share trades by corporate executives. We argue that the asymmetric payoff structure of options makes managerial wealth - compared to holdings of shares - relatively more sensitive to stock price changes...
Persistent link: https://www.econbiz.de/10009448261
Recent studies [Bebchuk and Fried (2002)] have shown that managerial power and negotiations play important roles in the design of executive pay arrangements, suggesting that some CEOs may extract greater economic rent from shareholders when provided with the opportunity. This paper seeks to...
Persistent link: https://www.econbiz.de/10009466153
This dissertation explores the ways in which institutional organizational theory can enhance our understanding of how organizational structures that shape social inequality emerge, diffuse, and persist over time. More specifically, in three distinct papers, I examine the institutionalization of...
Persistent link: https://www.econbiz.de/10009466280
In this dissertation, I study three resource allocation problems. In the first study, I present joint work with Yan Chen, Thomas Finholt, and Kan Takeuchi on a laboratory study evaluating three different package auction mechanisms for allocating access to large scientific equipments. I found...
Persistent link: https://www.econbiz.de/10009476663
management or on property-level cash flows creates incentives for managers to increase the asset base by issuing debt even if the … to higher debt yields for externally advised REITs. We posit that compensating managers based on either assets under …
Persistent link: https://www.econbiz.de/10009477257