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Prior literature shows that choices regarding board composition are associated with earnings management. We add to this literature by examining the effects of the presence of a foreign board member on earnings management. Using a sample of 3,249 firm-year observations representing 586...
Persistent link: https://www.econbiz.de/10011418688
decisions. We show that West German workers with an internal locus of control sort into jobs with performance appraisals …. We confirm that workers who are risk tolerant also sort into jobs with performance appraisals but explain why the …
Persistent link: https://www.econbiz.de/10011449964
We estimate of the determinants of performance appraisal, profit sharing and employee share ownership schemes for a …
Persistent link: https://www.econbiz.de/10010356075
We present a sorting model in which workers with greater ability and greater risk tolerance move into performance pay … jobs and contrast it with the classic agency model of performance pay. Estimates from the German Socio-Economic Panel … confirm testable implications drawn from our sorting model. First, prior to controlling for earnings, workers in performance …
Persistent link: https://www.econbiz.de/10011633499
decisions. We show that West German workers with an internal locus of control sort into jobs with performance appraisals …. We confirm that workers who are risk tolerant also sort into jobs with performance appraisals but explain why the …
Persistent link: https://www.econbiz.de/10011571903
In this study, we examine the relationship between within-firm pay inequality and employee productivity. We use hand-collected data on a sample of S&P 1500 companies from 2018-2022 and find a concave relationship between the relative CEO pay and employee productivity. Consistent with tournament...
Persistent link: https://www.econbiz.de/10014251441
between risk prevention and proactive value generation. Efficient risk and performance management requires adequate assessment … of risk and risk exposures on the one hand and performance on the other. Properly designed, a risk measure should provide … information on to what extend the firm's performance is at risk, what is causing that risk, the relative importance of non …
Persistent link: https://www.econbiz.de/10003976023
Using British linked employer-employee data, we show that the establishment size effect for supervisors is approximately twice that for non-supervisors. This difference is routinely statistically significant, not explained by other controls and is an important determinant of the difference in...
Persistent link: https://www.econbiz.de/10012120893
Incentive effects of performance-based compensation schemes for management may be weakened or biased by macroeconomic …. -- Executive compensation ; salary bonus ; option ; pension ; macroeconomic factors ; performance ; luck …
Persistent link: https://www.econbiz.de/10003976019
as a result of this globalization. We focus on direct and indirect American influence on the dismissal performance … performance sensitivity. The empirical results show a significant increase in the dismissal sensitivity in poorly performing … dismissal ; performance sensitivity ; globalization ; corporate governance ; foreign board membership ; institutional contagion …
Persistent link: https://www.econbiz.de/10003932526