Showing 1 - 10 of 31
There have been many recent examples in the news of how employees were motivated by their companies to take actions that were not best for the long term success of the company. Mortgage companies gave financial incentives to brokers for each loan approved regardless of quality, which resulted in...
Persistent link: https://www.econbiz.de/10009429313
The management of managers is an important contemporary concern, but the literature on the issue is not well integrated. This paper reviews key sources on the topic across organizational economics, human resource development and strategic human resource management. It presents a novel...
Persistent link: https://www.econbiz.de/10009431043
Subject of this study are the impacts of flexible compensation components (incentive wage, profit-sharing, employee … compensation in the view of enterprises and employees.Following these basis three different options to make compensation flexible … quality of work. In this sense they contribute to a compensation linked to productivity, with positive impact to companies and …
Persistent link: https://www.econbiz.de/10009433720
Corporate ethics and chief executive officer (CEO) compensation will be forever linked together. The dramatic increase …. The connection between these two topics led me to explore how executive compensation plans are designed and how ethics …’s compensation. I also examine how profitable a company is with an ethical CEO compared to a company with an unethical CEO. The …
Persistent link: https://www.econbiz.de/10009455878
The significance of stock options as a component of executive compensationhas fluctuated dramatically over the past decade. The purpose of this study is to investigatedeterminants of the effectiveness of stock option grants. These option grants areconsidered to be effective if they accomplish...
Persistent link: https://www.econbiz.de/10009464816
covenant hypothesis".I next examine the incentives that CEOs have to increase firm value that resultfrom their compensation …
Persistent link: https://www.econbiz.de/10009464915
Recent studies [Bebchuk and Fried (2002)] have shown that managerial power and negotiations play important roles in the design of executive pay arrangements, suggesting that some CEOs may extract greater economic rent from shareholders when provided with the opportunity. This paper seeks to...
Persistent link: https://www.econbiz.de/10009466153
This paper examines the “activist effect” on the levels and structures of CEO compensation when a company is targeted … why compensation changes are a logical focus for extension of the previous research. The study is based on a sample of … in total CEO compensation achieved through a change in compensation structure. …
Persistent link: https://www.econbiz.de/10009468734
This paper analyzes the incentives of professional tennis players in a tournament setting, as a proxy for workers in a firm. Previous studies have asserted that workers exert more effort when monetary incentives are increased, and that effort is maximized when marginal pay dispersion varies...
Persistent link: https://www.econbiz.de/10009475481
While a variety of studies analysed the benign effects of privatisation on firm performance under post-socialist transition using financial data very little is known about how the apparent productivity gains were achieved. This paper follows a weaving mill from 1998 to 1997 on its way of...
Persistent link: https://www.econbiz.de/10009477058