It is difficult to test the prediction that future career prospects create implicit effort incentives because …

It is difficult to test the prediction that future career prospects create implicit effort incentives because …

under fixed wages and under financial incentives with a higher weight on the task measured with noise. I find that in the … concerns the interaction between financial incentives and perceived ability is always disordinal, which implies that low … ability agents exhibit less distorted behavior under any compensation contract. A higher explicit incentives weight on the …

tournaments and find that the total incentives of non-promoted executives (NPEs) are likely to decrease significantly at the end … incentives. This leads to an increase in turnover of NPEs as compared to a matched sample of control executives. Evidence … incentives to retain them. Moreover, firms that use a two-step CEO succession plan with an heir apparent are likely to experience …

It is difficult to test the prediction that future career prospects create implicit effort incentives because …