This paper studies how altruism between managers and employees affects relational incentive contracts. To this end we …

bonuses under a Management-by-Objectives (MBO) incentive scheme. Six years of personnel data of 177 managers in a German …

predictions from the tournament theory to the context of transition economies in which state ownership still plays a significant …The promotion tournament as a potentially important incentive mechanism for top management in transition economies has … to decide on the tournament winner). Using comprehensive financial and accounting data on China's listed firms from 1998 …

The core role of managerial accounting is to provide information to facilitate managers' decisions and influence their … experiment in a large retail chain. In a 2 × 2 factorial design, we vary: (i) whether store managers obtain access to decision … different behavioral channels. In particular, managers make use of the information provided by placing higher-margin products …

workers and managers. Average output is substantially higher if bonuses are paid in the middle rather than upfront or at the …

. Our results are consistent with the theory of strategic ambiguity of Bernheim and Whinston (1998) and can be rationalized …