This paper studies the effect of changes in foreign competition on the incentives faced by U.S. managers in the form of … globalization on the labour market outcomes of these workers. We find that higher foreign competition leads to more incentive …

other workers in the corporation. We use a recent reform that simplified firm entry regulation in Portugal as a quasi … employer-employee data for the universe of workers and firms, we show that increased product market competition, following the … workers. These findings are consistent with existing theoretical results in a principal-agent framework that a fall in entry …

workers’ pay. CEOs with more control pay their workers more, but financial incentives through ownership of cash flow rights … of robustness tests. Moreover, we find that entrenched CEOs pay more to (i) workers associated with aggressive unions …; (ii) workers closer to the CEO in the corporate hierarchy, such as CFOs, division vice-presidents and other top …

A substantial body of research investigates the design of incentives in firms, yet less is known about incentives in …. Third, contrary to existing laboratory evidence, financial incentives do not crowd out intrinsic motivation in this setting. …

tasks. We analyze the effects of the salience of incentives in a team production setting where the principal has an interest … incentive system without changing the incentive system. The results indicate that salience of incentives itself is statistically … and economically important for performance. We find that higher salience of incentives for quantity increases quantity …

productivity, but they also underscore the risks of quantity-based incentives where quality is important. …

leads to weaker incentives for effort, compared with non-integration. Our theory makes minimal assumptions about the … division managers. The division managers' job is to create profitable investment projects. Giving the managers incentives to do …' incentives. The resulting tradeoff between a better use of resources and diminished incentives for effort determines whether …

pay as well as local (division-level) and global (firm-level) incentives. Our estimates show that for the average firm …