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Managerial incentives and favoritism in promotion decisions: Theory and field evidence
Berger, Johannes; Herbertz, Claus; Sliwka, Dirk - 2011
This paper investigates the effects of managerial incentives on favoritism in promotion decisions. First, we … theoretically show that favoritism leads to a lower quality of promotion decisions and in turn lower efforts. But the effect can be … mitigated by pay-for-performance incentives for managers who decide upon promotion. Second, we analyze matched employer …
Persistent link: https://www.econbiz.de/10010278492
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When higher prizes lead to lower efforts—The impact of favoritism in tournaments
Herbertz, Claus; Sliwka, Dirk - In: Economics Letters 120 (2013) 2, pp. 188-191
We investigate the relationship between tournament prices and effort choices in the presence of favoritism. High …
Persistent link: https://www.econbiz.de/10011041567
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Managerial incentives and favoritism in promotion decisions : theory and field evidence
Berger, Johannes; Herbertz, Claus; Sliwka, Dirk - 2011
; favoritism ; nepotism ; tournaments …This paper investigates the effects of managerial incentives on favoritism in promotion decisions. First, we … theoretically show that favoritism leads to a lower quality of promotion decisions and in turn lower efforts. But the effect can be …
Persistent link: https://www.econbiz.de/10009232290
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Managerial Incentives and Favoritism in Promotion Decisions : Theory and Field Evidence
Berger, Johannes - 2011
This paper investigates the effects of managerial incentives on favoritism in promotion decisions. First, we … theoretically show that favoritism leads to a lower quality of promotion decisions and in turn lower efforts. But the effect can be … mitigated by pay-for-performance incentives for managers who decide upon promotion. Second, we analyze matched employer …
Persistent link: https://www.econbiz.de/10013128837
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When higher prizes lead to lower efforts : the impact of favoritism in tournaments
Herbertz, Claus Ortwin; Sliwka, Dirk - In: Economics letters 120 (2013) 2, pp. 188-191
Persistent link: https://www.econbiz.de/10010127791
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Human V. House : A Combat for Couture Command of Luxury Labels
Souther, Carly - 2016
As an industry that thrives on - rather than succumbs to - adversity, the couture corporate world demands innovation and encourages risks. When combined with successful marketing and savvy business practices, these risks can result in large payoffs, which exist, primarily, due to the nature of...
Persistent link: https://www.econbiz.de/10012979020
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The Use of Informal Networks in Italian Labor Markets: Efficiency or Favoritisms?
Ponzo, Michela; Scoppa, Vincenzo - Volkswirtschaftliche Fakultät, … - 2008
behavior are widespread and in jobs paying a wage rent. We offer a stripped-down model of nepotism to explain theoretically …
Persistent link: https://www.econbiz.de/10005619372
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Social connections and incentives in the workplace: evidence from personnel data
Bandiera, Oriana; Barankay, Iwan; Rasul, Imran - 2008
the effects of social connections vary with the strength of managerial incentives and worker's ability. To do so, we … engineered an exogenous change in managerial incentives, from fixed wages, to bonuses based on the average productivity of the …
Persistent link: https://www.econbiz.de/10010269058
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Social Connections and Incentives in the Workplace: Evidence from Personnel Data
Bandiera, Oriana; Barankay, Iwan; Rasul, Imran - Institute for the Study of Labor (IZA) - 2008
the effects of social connections vary with the strength of managerial incentives and worker's ability. To do so, we … engineered an exogenous change in managerial incentives, from fixed wages, to bonuses based on the average productivity of the …
Persistent link: https://www.econbiz.de/10005763617
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Pay inequalities and managerial turnover
Kale, Jayant R.; Reis, Ebru; Venkateswaran, Anand - In: Journal of Empirical Finance 27 (2014) C, pp. 21-39
We study how pay inequalities affect (i) a firm's rate of voluntary non-CEO manager (VP) VP resignations, and (ii) the likelihood that an individual VP will voluntarily resign. We consider pay inequalities that a VP faces relative to (i) the CEO in her own firm, (ii) other VPs in the firm, and...
Persistent link: https://www.econbiz.de/10010785004