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The paper analyzes the contemporary organizational restructuring of production and work within firms. We emphasize the shift from a "Tayloristicʺ organization of work (characterized by significant specialization by tasks) to a "holisticʺ organization (featuring job rotation, integration of...
Persistent link: https://www.econbiz.de/10001370883
Using the concept of Inequity Aversion we derive in a Moral Hazard setting several results which differ from conventional contract theory. Our three key insights are: First, inequity aversion plays a crucial role in the design of optimal contracts. Second, there is a strong tendency towards...
Persistent link: https://www.econbiz.de/10001712435
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We analyze the Moral Hazard problem, assuming that agents are inequity averse. Our results differ from conventional contract theory and are more in line with empirical findings than standard results. We find: First, inequity aversion alters the structure of optimal contracts. Second, there is a...
Persistent link: https://www.econbiz.de/10003011503
Many companies in recent past have experienced labor unrest. The negotiations between the union leaders and management have often failed. Organizations are thus trying to use better tools for negotiation to reduce labor unrest. One of the tools used is SNA or Social Network Analysis. This study...
Persistent link: https://www.econbiz.de/10014175430
The paper aims to create a clearer understanding of the nature of sustainability leadership and how it can contribute to transformational change. It does this by locating sustainability within the leadership literature, defining the concept of sustainability leadership, and presenting a model of...
Persistent link: https://www.econbiz.de/10014176378
This paper addresses the legitimacy of competing interests involved in the enforcement of covenants not to compete (“noncompetes”). To date, the courts and legislatures have not relied on a principled theoretical framework to identify and assess the competing interests between firms and...
Persistent link: https://www.econbiz.de/10014179313