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In many organizational contexts, managers might have self-serving incentives whereby giving high evaluations to … employees comes at the expense of their own payoff. In this study, I examine the impact of managers’ self-serving incentives on …-serving incentives collect less information than managers with no self-serving incentives. When managers do collect all available …
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The author uses monthly, individual-level data collected from two units within a large U.S. financial corporation to estimate employees' response to the introduction of a group incentive plan. The findings indicate that the incentive plan caused performance to converge to a standard: the...
Persistent link: https://www.econbiz.de/10014221697
This paper studies, in a dynamic agency setting, how incentives and contractual efficiency are affected by leading …
Persistent link: https://www.econbiz.de/10012937086
Our study explores how managerial stock holdings and option holdings affect CEOs' income smoothing incentives. Given … provide evidence that income smoothing can be informative or opportunistic, depending on the incentives of CEOs …
Persistent link: https://www.econbiz.de/10012971185
This paper analyses the role of leading indicators that provide a firm manager with learning incentives of firm …
Persistent link: https://www.econbiz.de/10014146457
between business strategy and managerial incentives affects the organization of business activities. We illustrate the impact …
Persistent link: https://www.econbiz.de/10014069126
This paper shows that in a model of managerial delegation in duopoly market structure, if the managers' salary varies with the incentive schemes offered by the owners, then the well-known results of equilibrium incentive scheme (by Fershtman and Judd, 1987, A.E.R.) get modified. In case of...
Persistent link: https://www.econbiz.de/10014030178
Skilled labour has gained significance as a production factor in the age of information technology, but accounting does not recognize human capital as an asset that contributes to the firm's earning power. This paper suggests a method to develop a latent index to proxy the managerial-skill...
Persistent link: https://www.econbiz.de/10014096640
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