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Base salaries, bonus payments, and work absence among managers in a German company
Pfeifer, Christian - 2012
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/10009681440
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Base salaries, bonus payments, and work absence among managers in a German company
Pfeifer, Christian - 2012
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/10009686875
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Base Salaries, Bonus Payments, and Work Absence Among Managers in a German Company
Pfeifer, Christian - 2013
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/10013089005
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Base salaries, bonus payments, and work absence among managers in a German company
Pfeifer, Christian - 2012
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/10010294492
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Base salaries, bonus payments, and work absence among managers in a German company
Pfeifer, Christian - 2012
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
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The degradation of distorted performance measures
Sloof, Randolph; Praag, Mirjam van - 2008
Baker (2002) has demonstrated theoretically that the quality of performance measures used in compensation contracts hinges on two characteristics: noise and distortion. These criteria, though, will only be useful in practice as long as the noise and distortion of a performance measure can be...
Persistent link: https://www.econbiz.de/10011376645
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Management compensation and the economic crisis : longitudinal evidence from the German chemical sector
Grund, Christian; Hofmann, Tanja - 2013
extent to which managers' compensation was affected by the economic crisis and the extent to which it increased afterwards … perspective. We also examine that certain parts of managers seem to have more power to influence their compensation than others …. Inequality in managers' compensation decreased during the crisis. …
Persistent link: https://www.econbiz.de/10009754706
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Testing for distortions in performance measures : an application to residual income based measures like economic value added
Sloof, Randolph; Praag, Mirjam van - 2014
Distorted performance measures in compensation contracts elicit suboptimal behavioral responses that may even prove to be dysfunctional (gaming). This paper applies the empirical test developed by Courty and Marschke (2008) to detect whether the widely used class of Residual Income based...
Persistent link: https://www.econbiz.de/10010350010
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Executive Compensation : Where We are, and How We Got There
Murphy, Kevin J. - 2012
In this study, I summarize the current state of executive compensation, discuss measurement and incentive issues, document recent trends in executive pay in both U.S. and international firms, and analyze the evolution of executive pay over the past century. Most recent analyses of executive...
Persistent link: https://www.econbiz.de/10013107589
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Pay Harmony : Peer Comparison and Executive Compensation
Gartenberg, Claudine Madras - 2013
increased wage comparisons within firms with geographically-dispersed managers — firms with the greatest information frictions … prior to the rule change. We report three changes related to compensation after 1992 for division managers. First, within … firms with dispersed managers, division manager pay co-moves more with peer pay and is less sensitive to individual …
Persistent link: https://www.econbiz.de/10013082812