Purpose This paper aims to draw on data from a survey research study conducted in Italy that explored the effects of performance-related pay (PRP) among 500 high school teachers. Design/methodology/approach Survey responses studies were conducted. Findings The results are consistent with...

We analyze the consequences of bonus taxes, limited deductibility of bonuses from company pro ts and a corporate income tax (CIT) in a principal-agent model and explore how these tax instruments affect managerial incentives and how they change the design of incentive contracts used in...

The core role of managerial accounting is to provide information to facilitate managers' decisions and influence their behavior through incentives. We study the impact of these two roles of information on profits by implementing a field experiment in a large retail chain. In a 2 × 2 factorial...