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We address the question how much authority a principal should delegate to a manager with conflicting interests and uncertain ability in a context in which the manager has both compensation-based and reputational incentives. The optimal level of authority balances the value of the manager's...
Persistent link: https://www.econbiz.de/10010270502
We address the question how much authority a principal should delegate to a manager with conflicting interests and uncertain ability in a context in which the manager has both compensationbased and reputational incentives. The optimal level of authority balances the value of the manager's...
Persistent link: https://www.econbiz.de/10010333720
In recognition of the importance and expansion of the gig economy, largely in developed and BRICs economies, along with the growing literature surrounding it, this research contributes towards an empirical and conceptual understanding of how employee motivation and retention are managed by the...
Persistent link: https://www.econbiz.de/10012491312
We reconsider the job design theory of Holmstrom and Milgrom (1991), to include career concerns considerations. When reputations are considered, discretion may play a more integral part of the incentive scheme. It can be a useful instrument to enhance incentives and prevent the adverse selection...
Persistent link: https://www.econbiz.de/10005051062
What is the role of co-evolution in the adaptation of a population of firms to a hostile environment ? To answer this question, we revisit network sociology starting from Kauffman s biological computer model. We apply a qualitative methodology to update exploitation and exploration mechanisms in...
Persistent link: https://www.econbiz.de/10008532320
We address the question how much authority a principal should delegate to a manager with conflicting interests and uncertain ability in a context in which the manager has both compensation-based and reputational incentives. The optimal level of authority balances the value of the manager's...
Persistent link: https://www.econbiz.de/10008583737
Outsourcing was originally confined to peripheral business functions and mainly motivated by a cost saving logic, but has now developed into a routine strategic management business model that affects not only peripheral functions but impacts the core business of organizations. Industry research...
Persistent link: https://www.econbiz.de/10014046084
To date, much of the literature on institutional economics has relied on abstract metaphors based in exchange. Thus, Williamson introduced the fundamental insights surrounding his “transaction costs” model and discussed the governance of contracts in exchange relationships. Yet organizations...
Persistent link: https://www.econbiz.de/10014048273
This paper contributes to the study of projects networks - as a particular type of interorganizational networks - by looking into the mechansims that are able to bind or even lock-in customers into interorganizational relations. The study is set in the field of television production
Persistent link: https://www.econbiz.de/10014195260
We address the question how much authority a principal should delegate to a manager with conflicting interests and uncertain ability in a context in which the manager has both compensation-based and reputational incentives. The optimal level of authority balances the value of the manager's...
Persistent link: https://www.econbiz.de/10014197745