Search Results - subject:"Incentive Schemes"

The design of incentive compensation for directors

Hoi, Chun‐Keung; Robin, Ashok - In: Corporate Governance: The international journal of … 4 (2004) 3, pp. 47-53

Today, most firms provide equity‐based incentive compensation to their non‐executive directors. We summarize viewpoints supportive and critical of this development. We argue that the effectiveness of incentive compensation is related to the structure of the incentive pay contact. We discuss...

Persistent link: https://www.econbiz.de/10014694837

Productivity Improvements in Public Organizations

Gersbach, Hans; Keil, Marten - C.E.P.R. Discussion Papers - 2004

In this Paper we examine the possibilities a principal in a public organization has to motivate agents for productivity improvements where standard stick and carrot incentives cannot be used. The principal’s only incentive device is a reallocation of budgets and tasks across agents depending...

Persistent link: https://www.econbiz.de/10005791393

Directors' remuneration : The need for a geo‐political perspective

Kakabadse, Nada K.; Kakabadse, Andrew; Kouzmin, Alexander - In: Personnel Review 33 (2004) 5, pp. 561-582

There are many ways to construct an incentive program. However, most compensation plans tend to be focused on profitability and profitability‐related accomplishments with little or no incentive for corporate social responsibility. Director's compensation continues to climb with the United...

Persistent link: https://www.econbiz.de/10014973883

Data envelopment analysis based bonus payments

Felder, Stefan; Schmitt, Horst - In: The European Journal of Health Economics 5 (2004) 4, pp. 357-364

Persistent link: https://www.econbiz.de/10009404172

Continuous Preferences Can Cause Discontinuous Choices: An Application to the Impact of Incentives on Altruism

Seabright, Paul - C.E.P.R. Discussion Papers - 2004

Implementing incentive systems can sometimes backfire in practice: experimental evidence and folklore both suggest that offers of explicit rewards can expose surprising discontinuities in behaviour. This Paper models two such discontinuities that have been claimed by psychologists and...

Persistent link: https://www.econbiz.de/10005114276

Performance management in the public sector: fact or fiction?

Radnor, Zoe; McGuire, Mary - In: International Journal of Productivity and Performance … 53 (2004) 3, pp. 245-260

Since New Labour came to power in the UK in 1997, there has been a drive to improve the effectiveness of public services through the use of private sector principles. From, the Modernising Government White Paper to the development of the Public Services Productivity Panel who, produced a raft of...

Persistent link: https://www.econbiz.de/10014796432

Long‐term incentive schemes, executive remuneration and corporate performance: an empirical study

Pass, Christopher - In: Corporate Governance: The international journal of … 3 (2003) 4, pp. 18-27

UK plcs use option schemes and increasingly long‐term incentive plans (LTIP’s) to reward their executive directors in order to improve corporate performance and align their interests more closely with those of the shareholders of the company. This paper presents a study of the option and...

Persistent link: https://www.econbiz.de/10014694815

Performance pay, monitoring environments, and establishment performance

Belfield, Richard; Marsden, David - In: International Journal of Manpower 24 (2003) 4, pp. 452-471

This study uses cross‐section and panel data from the 1998 Workplace Employee Relations Survey to explore contextual influences on the relationship between performance‐related pay (PRP) and organizational performance. While it finds strong evidence that the use of PRP can enhance performance...

Persistent link: https://www.econbiz.de/10014783081

Performance pay and fringe benefits : Work incentives or compensating wage differentials?

Amuedo‐Dorantes, Catalina; Mach, Traci - In: International Journal of Manpower 24 (2003) 6, pp. 673-698

Uses longitudinal data from the NLSY79 to examine the effect of a broad variety of performance‐based pay schemes and fringe benefits on male and female wages between 1988 and 1998. Specifically, analyzes whether the offer of various performance‐based pay schemes and fringe benefits functions...

Persistent link: https://www.econbiz.de/10014783092

Product Market Competition and Executive Compensation: An Empirical Investigation

Funk, Patricia; Wanzenried, Gabrielle - Department Volkswirtschaftlehre, Universität Bern - 2003

stronger incentive schemes than if the market for managers is tough. In this paper, we for the first time analyze the effects …There is an ongoing theoretical debate about whether firm-owners would optimally use stronger or weaker incentive … schemes for their managers as productmarket competition increases. Schmidt (1997) shows that the outside options of the …

Persistent link: https://www.econbiz.de/10005212453