This paper addresses a lack of evidence on the impact of performance pay in the public sector by evaluating a pilot … targets, measured with varying degrees of precision. We use data from the agency’s performance management system and personnel … records plus matched labour market data. We focus on three main issues: whether performance pay matters for public service …

We analyse the effect of ownership on post-privatization performance in a virtually complete population of medium and … ownership improves economic performance, but domestic private ownership does not, relative to state-owned firms. Foreign firms … increasing profit. Ownership concentration is associated with superior performance, thus providing support to the agency theory …

additional payment. We show that it is easier for division managers to prove top management’s manipulations when the performance …

additional payment. We show that it is easier for division managers to prove top management’s manipulations when the performance …

market competition on the performance-pay sensitivity of CEOs, and contrast it with the effect for department managers and … reform, decreased the sensitivity of pay to performance of CEOs, with no significant effects found for other managers or …

had on branch performance in a large distribution firm. The scheme, which is based on the Balanced Scorecard, was …