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pay and performance. To the extent that product-market competition can affect the incentive schemes offered by firms to … their executives, the analysis of the effects of competition on the structure of compensation may be informative for policy …
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Tournaments are commonly used in the workplace to determine promotion, assign bonuses, and motivate personal development. Tournament-based contracts can be very effective in eliciting high effort, often outperforming other compensation contracts, but they can also have negative consequences for...
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pay and performance. To the extent that product-market competition can affect the incentive schemes offered by firms to … their executives, the analysis of the effects of competition on the structure of compensation may be informative for policy …
Persistent link: https://www.econbiz.de/10011976604
Competition in the labor market theoretically leads to higher wages, yet empirical evidence to substantiate it …, particularly in developing countries, has been sparse. Our study delves into the impact of increased competition in the labor …-owned enterprises gained the most from this upswing in competition, primarily due to restructuring. Furthermore, we demonstrate that …
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