Consistency in Organization

Recent thinking has emphasized the importance of consistency in a firm?s compensation policy. By starting from Williamson?s ideas about idiosyncratic exchange, this view can be supplied with some theoretical foundation. At the same time, the consistency view can be applied to a number of organizational issues. It sheds new light on some Williamsonian themes, like the boundaries of the firm or the attenuation of incentives within firms.

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Year of publication:	2003
Authors:	Schlicht, Ekkehart
Publisher:	Bonn : Institute for the Study of Labor (IZA)
Subject:	Arbeitsorganisation \| Theorie der Unternehmung \| Leistungsanreiz \| Organisationstheorie \| Theorie \| theory of the firm \| command \| routines \| centralization paradox \| Williamson's puzzle \| attenuation of incentives

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Series:	IZA Discussion Papers ; 718
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	360939872 [GVK] hdl:10419/20494 [Handle]
Classification:	J53 - Labor-Management Relations; Industrial Jurisprudence ; J33 - Compensation Packages; Payment Methods ; L25 - Firm Size and Performance ; L22 - Firm Organization and Market Structure: Markets vs. Hierarchies; Vertical Integration
Source:	EconStor

Persistent link: https://www.econbiz.de/10010261986