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Contractual and Organizational Structure with Reciprocal Agents
Englmaier, Florian; Leider, Stephen - 2021
Empirically, compensation systems generate substantial effort despite weak monetary incentives. We consider reciprocal motivations as a source of incentives. We solve for the optimal contract in the basic principal-agent problem and show that reciprocal motivations and explicit performance-based...
Persistent link: https://www.econbiz.de/10013316554
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Prosocial managers, employee motivation, and the creation of shareholder value
Kajackaite, Agne; Sliwka, Dirk - 2018
that choosing a manager who has a preference to spend resources for social causes can increase employee motivation. In turn …, ex-post losses in shareholder value may be offset by ex-ante gains in performance through higher employee motivation. …
Persistent link: https://www.econbiz.de/10011906086
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Optimal contracting with endogenous project mission
Cassar, Lea - 2016
agents have unobservable intrinsic motivation levels. I show that the non-contractibility of effort (asymmetric information …
Persistent link: https://www.econbiz.de/10011561184
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Intrinsic and Extrinsic Incentives to Support Motivation and Performance of Public Organizations
Coccia, Mario - 2019
incentives to suggest management implications directed to support motivation and performance of employees in public organizations …
Persistent link: https://www.econbiz.de/10012889086
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Efficiency Wages with Motivated Agents
Armouti-Hansen, Jesper - 2020
Many organizations nowadays combine profits with a social mission. This paper reveals a new hidden benefit of the mission: its role in facilitating the emergence of efficiency wages. We show that in a standard gift-exchange principals highly underestimate agents' reciprocity and, thereby, offer...
Persistent link: https://www.econbiz.de/10012825994
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Efficiency wages with motivated agents
Armouti-Hansen, Jesper; Cassar, Lea; Deréky, Anna - 2020
Many organizations nowadays combine profits with a social mission. This paper reveals a new hidden benefit of the mission: its role in facilitating the emergence of efficiency wages. We show that in a standard gift-exchange principals highly underestimate agents’ reciprocity and, thereby,...
Persistent link: https://www.econbiz.de/10012258529
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Outside Options and Worker Motivation
Ahammer, Alexander; Fahn, Matthias; Stiftinger, Flora - 2023
We study the relationship between outside options and workers’ motivation to exert effort. We evaluate changes in …
Persistent link: https://www.econbiz.de/10014345957
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Outside Options and Worker Motivation
Ahammer, Alexander; Fahn, Matthias; Stiftinger, Flora - 2023
We study the relationship between outside options and workers' motivation to exert effort. We evaluate changes in …
Persistent link: https://www.econbiz.de/10014349511
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Motivational paradox : a Delphi study to reach a consensus knowledge regarding individual vs. team motivation in the context of project-based organisations
Zighan, Saad - In: International journal of project organisation and … 12 (2020) 3, pp. 240-259
Persistent link: https://www.econbiz.de/10012285495
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Analysis of motivation factors : dependance on personal and professional characteristics of employees
Rakić, Marija; Radosavljević, Marija; Janković … - In: Ekonomske teme 60 (2022) 1, pp. 77-94
research presented in this paper are factors of employees' motivation. The aim of the research is to determine the impact of … certain factors on employee motivation, based on the importance that different motivation factors have, depending on certain … motivation are financial factors, specifically the "salary" and "financial rewards", as well as "job security" as non …
Persistent link: https://www.econbiz.de/10013353034