In this paper, I examine the complementarity of performance measurement, performance pay for production workers, and delegation of decisions to production workers in German manufacturing. I argue and find that combining the three management practices yields higher financial performance than the...

For the past six years, the CEOs of firms in copyright-intensive industries received significantly higher compensation than the CEOs of the firms in the other industries we used for comparison (construction, transportation, and mining). For example, in 2012, copyright-intensive industry CEOs...