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us to revisit concepts like controllability or objectivity which have been presented for decades as cornerstones of …. This analysis emphasizes the role of criticism in the dynamics and evolution of performance evaluation systems and enables …
Persistent link: https://www.econbiz.de/10005011660
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/10011514018
finance consumption, but because it affects perceptions of fairness. The need to fairly recognize the CEO’s contribution … incentives, and why peer firm pay matters beyond retention concerns. Fairness also matters to investors, with shareholder returns …
Persistent link: https://www.econbiz.de/10012584217
Persistent link: https://www.econbiz.de/10014288914
The paper deals with the issue of budget setting to the divisions of a company. The approach is quantitative in nature both in the formulation of the requirements for the set-budgets, as related to different general managerial objectives of interest, and in the modelling of the inherent...
Persistent link: https://www.econbiz.de/10011090567
relinquishing their own bonus payment, the management of a firm can increase the acceptance of layoffs. - Generous compensation …
Persistent link: https://www.econbiz.de/10010262947
In the search for additional data, which would enable the conclusion on the implementation of the principle of fairness … degree of implementation of the principles of fairness. The aim of this paper is to identify elements of the system of … rewards which determine the perception of fairness among employees and to what extent they are implemented in organizations in …
Persistent link: https://www.econbiz.de/10012232627
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/10010315721
finance consumption, but because it affects perceptions of fairness. The need to fairly recognize the CEO’s contribution … incentives, and why peer firm pay matters beyond retention concerns. Fairness also matters to investors, with shareholder returns …
Persistent link: https://www.econbiz.de/10012599249
tested in which feedback quality and voice enhance procedural fairness perceptions (procedure effects), and procedural … fairness perceptions in turn lead to different positive reactions (fair process effects). Voice is distinguished in … two components of voice and feedback quality are uniquely associated with procedural fairness perceptions, and through …
Persistent link: https://www.econbiz.de/10010731538