Comparative payment schemes and tournament-style promotion mechanisms are ubiquitous in the work place. We test experimentally whether they have a negative impact on the willingness to cooperate. Participants first perform in a simple task and then participate in a public goods game. The payment...

I investigate the influence of ownership structure on the compensation received by the top executive in a sample of U.S. commercial banks. In institutions where the institutions' trust department controls a proportion of the institution's shares, managerial pay-performance sensitivities are...