The Limits of Organizational Theory and Incentives (Or, Why Corporate Success Is Not Just About Money)

Most economists begin their study of organizational behavior by taking for granted that incentive compensation influences behavior. Managers and employees are assumed to have "utility functions" that reflect a very basic set of "preferences"-preferences for things like money and leisure and job security. And, as clearly simplistic as it is, this "model" of human behavior has been shown to have considerable predictive power. 2005 Morgan Stanley.

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Year of publication:	2005
Authors:	Schmidt, Ronald
Published in:	Journal of Applied Corporate Finance. - Morgan Stanley, ISSN 1078-1196. - Vol. 17.2005, 4, p. 144-146
Publisher:	Morgan Stanley

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005315201