This article characterizes the properties of the compensation scheme of delegated portfolio management that would lead to the selection of high risk-high return portfolios. In particular, it provides conditions under which a non-monotone payment structure emerges as an optimal contract, which...

The present study examines the impact of organizational justice on the three dimensions of work alienation identified by Seeman (1959), i.e., powerlessness, meaninglessness and selfestrangement. It is argued that the three common types of organizational justice (i.e., procedural, distributive,...

The increasingly complex environment, development of technology-based products, and customization of demand challenge the reaction speed of the enterprise; for the success of organizational management, the teams usually reform the enterprise, create new ideas, produce innovative models with...

This study considers factors influencing relationships on an employee and employer level (micro-level) as well as the effectiveness and performance of the organization as a whole (macro-level). The organizational climate plays hereby a central role as a determinant of the organizational behavior...

The development of information technology has affected the banking business strategy. Internet have been the backbone in the last decade in expanding the banking business, especially in increasing financial transaction services. The term online banking has emerged and became an aspect in banking...

In this paper we asses the current state of research on Lean Production and Supply Chain Management in the aeronautic industry, with two basic aims: 1) identify all lines of research developed, providing a classification criterion of literature, 2) discuss the empirical evidence and try to...

Management meted out punishment to enforce rules and encourage adherence. However, the effectiveness depended on how the employees perceive and interpret the policy. This study tested the effect of reducing individual lateness in a plastic factory. Field experiment was conducted to test the...