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Performance measurement and incentive plans

Kauhanen, Antti; Napari, Sami - 2010

are consistent with theory. -- Incentive pay ; performance measurement ; risk versus distortion trade-off ; agency theory …

Persistent link: https://www.econbiz.de/10003968896

Multi-rater performance evaluations and incentives

Ockenfels, Axel; Sliwka, Dirk; Werner, Peter - 2024

We compare evaluations of employee performance by individuals and groups of supervisors, analyzing a formal model and running a laboratory experiment. The model predicts that multi-rater evaluations are more precise than single-rater evaluations if groups rationally aggregate their signals about...

Persistent link: https://www.econbiz.de/10014493793

Multi-rater performance evaluations and incentives

Ockenfels, Axel; Sliwka, Dirk; Werner, Peter - 2024

Persistent link: https://www.econbiz.de/10014552994

CEO Risk Preference and Investing in R&D

Abdel-Khalik, A. Rashad - 2016

This study aims at (1) developing an index to measure CEO risk tolerance using publicly available data, and (2 …) examining the association between this index and investment in risky projects. Using relative pay-at-risk as a proxy for risk …-demographic variables – the variables often studied in connection with risk aversion. Furthermore, this risk preference indicator has a …

Persistent link: https://www.econbiz.de/10013006448

Performance Pay, Performance Measurement, and Decision Delegation in German Manufacturing Firms

Masschelein, Stijn - 2014

In this paper, I examine the complementarity of performance measurement, performance pay for production workers, and delegation of decisions to production workers in German manufacturing. I argue and find that combining the three management practices yields higher financial performance than the...

Persistent link: https://www.econbiz.de/10013063209

rTSR : when do relative performance metrics capture relative performance?

Ma, Paul; Shin, Jee-Eun; Wang, Charles C. Y. - 2019

market participants use to isolate managers' idiosyncratic performance-chosen by boards to evaluate managers. Among firms …

Persistent link: https://www.econbiz.de/10012064869

Executives' short-term and long-term incentives - a distributional analysis

Haylock, Michael Robert - 2020

Executives are often paid for short-term changes in shareholder wealth, but rational shareholders want executives to maximize long-term shareholder wealth. Incentives for short-term and long-term oriented behavior may depend on an executive's level of pay in the distribution, holding other...

Persistent link: https://www.econbiz.de/10012179255

Disentangling managerial incentives from a dynamic perspective : the role of stock grants

Hili, Amal; Laussel, Didier; Long, Ngo Van - 2016

We analyze the optimal contract between a risk-averse manager and the initial shareholders in a two-period model where …

Persistent link: https://www.econbiz.de/10011538964

The issue of remuneration of high-ranking managers in enterprises of the Czech Republic

Jančíková, Kateřina - In: Trends economics and management 12 (2018) 32, pp. 87-99

Persistent link: https://www.econbiz.de/10012022491

Career prospects and effort incentives : evidence from professional soccer

Miklós-Thal, Jeanine; Ullrich, Hannes - 2014

It is difficult to test the prediction that future career prospects create implicit effort incentives because researchers cannot randomly “assign” career prospects to economic agents. To overcome this challenge, we use data from professional soccer, where employees of the same club face...

Persistent link: https://www.econbiz.de/10010442390