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In this paper, I extend the organizational design literature by examining how the delegation choice is affected by the ability to resolve the incentive problem caused by this delegation. Based on the seminal papers by Grossman and Hart (1986) and Holmstrom and Milgrom (1994), I argue that the...
Persistent link: https://www.econbiz.de/10012778614
We model a managerial decision environment in which a manager both determines the skill heterogeneity of her workers and determines whether to retain or delegate the ability to allocate tasks. The manager prefers delegating when uncertainty is sufficiently high relative to the incentive conflict...
Persistent link: https://www.econbiz.de/10012924939
For about twenty years, the notion of authority has been put forward again into the analysis of employment relationship, especially concerning contracts incompleteness. This article has two purposes. First, it aims at giving an assessment of the famous controversy between Coase and...
Persistent link: https://www.econbiz.de/10008578729
The allocation of decision-making authorities may be seen as the last link in a causal relationship starting from changes in environment and continuing to business strategy. Changes in task complexity, which can be measured by the introduction of a diversi ca- tion or an outsourcing strategy,...
Persistent link: https://www.econbiz.de/10011390648
This paper studies how morale in teams can break down. It interprets high morale as team members working together productively, either because of a sense of fairness or because of implicit incentives from repeated interactions. Team members learn that lay-offs will occur at a fixed future date,...
Persistent link: https://www.econbiz.de/10010325888
The allocation of decision-making authorities may be seen as the last link in a causalrelationship starting from changes in environment and continuing to business strategy.Changes in task complexity, which can be measured by the introduction of a diversificationor an outsourcing strategy, are...
Persistent link: https://www.econbiz.de/10008845692
The allocation of decision-making authorities may be seen as the last link in a causal relationship starting from changes in environment and continuing to business strategy. Changes in task complexity, which can be measured by the introduction of a diversification or an outsourcing strategy, are...
Persistent link: https://www.econbiz.de/10008662481
This paper studies how morale in teams can break down. It interprets high morale as team members working together productively, either because of a sense of fairness or because of implicit incentives from repeated interactions. Team members learn that lay-offs will occur at a fixed future date,...
Persistent link: https://www.econbiz.de/10011377833
In this paper we analyse representations of the Japanese salaryman and Japanese organization in Japanese manga, or graphic novels, during the turbulent decades from the mid-1980s to the present day. We argue that manga presents salarymen protagonists in a sympathetic yet not uncritical light,...
Persistent link: https://www.econbiz.de/10013113298
This paper examines the relationship between employee turnover, HRM practices and innovation in Chinese firms in five high technology sectors. We estimate hurdle negative binomial models for count data on survey data allowing for analyses of the extensive as well as intensive margins of firms’...
Persistent link: https://www.econbiz.de/10010851178