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Stewardship theory provides an interesting alternative to agency theory, which in the recent New Public Management era …-based management recommended by stewardship theory. As such, there are few examples of alternative ways of boosting the motivation of … stewardship theory apply and how new management practices may influence the motivation and well-being of the employees, the …
Persistent link: https://www.econbiz.de/10012420949
The Ramsey (1928) equation decomposes the real discount rate into the pure rate of time preference plus a term that accounts for the changing marginal utility of consumption. Discussions about the appropriate discount rate to apply in Cost Benefit Analysis sometimes refer to variations induced...
Persistent link: https://www.econbiz.de/10014310245
Modern society mitigates and transfers risks in a variety of ways, which range from catastrophe prevention and insurance solutions through to injustices of a minor and inconspicuous nature. We show that the measures taken depend on the uncertainty about the risks in question and involve three...
Persistent link: https://www.econbiz.de/10015418806
simulated pricing scenarios, the impacts on economic efficiency and social welfare. In the second part, game theory was used to …
Persistent link: https://www.econbiz.de/10014232316
This paper explores the role of microeconomic analysis in policy formulation by assessing how the regulatory impact analyses (RIAs) that federal regulatory agencies prepare for important proposed rules may affect outcomes when regulations are challenged in court. Conventional wisdom among...
Persistent link: https://www.econbiz.de/10015434067
In this paper, the role of the monetary incentives in the employee performance is investigated in the context of Public Administration (PA). In particular, the distribution of monetary incentives among the employees based on the position held, is compared with a merit approach which tends to...
Persistent link: https://www.econbiz.de/10012203623
paper, we adopt a design science approach and draw on insights from game theory to develop a set of design principles for …
Persistent link: https://www.econbiz.de/10013203062
Apart from the loss of time and money, disputes between public authority and private partner in China’s public-private partnership (PPP) projects are destroying the government’s image of PPP support and the private partner’s investment confidence. This article aims to explore the main...
Persistent link: https://www.econbiz.de/10012506072
The purpose of this article is to analyse the design and implementation of strategic planning and performance management in governmental agencies in two Nordic countries, Finland and Norway. Nordic countries are an interesting study from a comparative perspective because while they are commonly...
Persistent link: https://www.econbiz.de/10012208200
The relevance of the study is conditioned by the fact that the model of environmental accounting and auditing formed in the state can have a significant impact on the financial results of industrial enterprises. Within the framework of the sustainable development goals, environmental issues have...
Persistent link: https://www.econbiz.de/10014517021