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Empowerment and the Dark Side of Delegation
Kräkel, Matthias - 2018
The existing delegation literature has focused on different preferences of principal and agent concerning project … selection, which makes delegating authority costly for the principal. This paper shows that delegation has a cost even when the … without task commitment and other behavioral effects the principal might forgo delegation though being efficient. …
Persistent link: https://www.econbiz.de/10011816561
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Incentives for managers and inequality among workers: evidence from a firm level experiment
Bandiera, Oriana; Barankay, Iwan; Rasul, Imran - 2006
We present evidence from a firm level experiment in which we engineered an exogenous change in managerial compensation from fixed wages to performance pay based on the average productivity of lower-tier workers. Theory suggests that managerial incentives affect both the mean and dispersion of...
Persistent link: https://www.econbiz.de/10010267490
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Tournaments and managerial incentives in China's listed firms: new evidence
Kato, Takao; Long, Cheryl - 2008
The promotion tournament as a potentially important incentive mechanism for top management in transition economies has not been examined by the emerging literature on managerial incentives in transition economies. This paper is the first attempt to fill this important gap in the literature. The...
Persistent link: https://www.econbiz.de/10010268884
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Social connections and incentives in the workplace: evidence from personnel data
Bandiera, Oriana; Barankay, Iwan; Rasul, Imran - 2008
We present evidence on the effect of social connections between workers and managers on productivity in the workplace. To evaluate whether the existence of social connections is beneficial to the firm's overall performance, we explore how the effects of social connections vary with the strength...
Persistent link: https://www.econbiz.de/10010269058
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The effect of adversity on process innovations and managerial incentives
Dostie, Benoît; Jayaraman, Rajshri - 2009
This paper asks whether adversity spurs the introduction of process innovations and increases the use of managerial incentives by firms. Using a large panel data set of workplaces in Canada, our identification strategy relies on exogenous variation in adversity arising from increased border...
Persistent link: https://www.econbiz.de/10010273861
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The Effect of Adversity on Process Innovations and Managerial Incentives
Dostie, Benoit; Jayaraman, Rajshri - Institute for the Study of Labor (IZA) - 2009
This paper asks whether adversity spurs the introduction of process innovations and increases the use of managerial incentives by firms. Using a large panel data set of workplaces in Canada, our identification strategy relies on exogenous variation in adversity arising from increased border...
Persistent link: https://www.econbiz.de/10004969328
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Foreign Competition and Executive Compensation in the Manufacturing Industry: A Comparison between Germany and the U.S.
Dyballa, Katharina; Kraft, Kornelius - 2018
In this study we use import penetration as a proxy for foreign competition in order to empirically analyze (1) the impact of foreign competition on managerial compensation, (2) differences in the impact between Germany and the U.S and (3) whether the impact of import penetration is driven by...
Persistent link: https://www.econbiz.de/10011931678
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Social Connections and Incentives in the Workplace: Evidence from Personnel Data
Bandiera, Oriana; Barankay, Iwan; Rasul, Imran - Institute for the Study of Labor (IZA) - 2008
We present evidence on the effect of social connections between workers and managers on productivity in the workplace. To evaluate whether the existence of social connections is beneficial to the firm's overall performance, we explore how the effects of social connections vary with the strength...
Persistent link: https://www.econbiz.de/10005763617
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Tournaments and Managerial Incentives in China's Listed Firms: New Evidence
Kato, Takao; Long, Cheryl - Institute for the Study of Labor (IZA) - 2008
The promotion tournament as a potentially important incentive mechanism for top management in transition economies has not been examined by the emerging literature on managerial incentives in transition economies. This paper is the first attempt to fill this important gap in the literature. The...
Persistent link: https://www.econbiz.de/10005763675
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Incentives for Managers and Inequality Among Workers: Evidence from a Firm Level Experiment
Bandiera, Oriana; Barankay, Iwan; Rasul, Imran - Institute for the Study of Labor (IZA) - 2006
We present evidence from a firm level experiment in which we engineered an exogenous change in managerial compensation from fixed wages to performance pay based on the average productivity of lower-tier workers. Theory suggests that managerial incentives affect both the mean and dispersion of...
Persistent link: https://www.econbiz.de/10005822207