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-monotone payment structure emerges as an optimal contract, which rewards extreme results and punishes moderate ones. -- executive …
Persistent link: https://www.econbiz.de/10009959108
Literature has tried to report whether high compensation differences between executives are linked to better firm performance. This study, based on tournament theory arguments, has attempted to provide new evidences in this line of research, using a sample of 120 Spanish listed firms. Results,...
Persistent link: https://www.econbiz.de/10009958325
With a sample of 700 future public sector primary teachers in India, a Discrete Choice Experiment is used to measure job preferences, particularly regarding location. General skills are also tested. Urban origin teachers and women are more averse to remote locations than rural origin teachers...
Persistent link: https://www.econbiz.de/10010118862
This paper presents a case study on reforming a very dysfunctional labor market with a deep insider-outsider divide, namely the Spanish case. We show how a dual market, with permanent and temporary employees, makes real reform much harder, and leads to purely marginal changes that do not alter...
Persistent link: https://www.econbiz.de/10010118871
The study investigates associations, first, between a firm's intellectual capital and market value, and second, between a firm's intellectual capital and financial performance in the context of Bangladeshi companies selected from three different industries - banking, textiles, and...
Persistent link: https://www.econbiz.de/10010009062
The differences that exist inside the labor Ecuadorian market, in the different branches of activity, demonstrate the training levels that the workers must have to avoid negative effects. However, in this study, the role played by individual, jobs and residence characteristics are analyzed on...
Persistent link: https://www.econbiz.de/10010017358
is ensured, fund diversion will be zero but full disclosure is still not achieved.We showthat an important driving force … profits or firms in a country with a strong legal system will be more likely to avoid voluntary disclosure regimes. …
Persistent link: https://www.econbiz.de/10010148154
In a relatively recent paper, Gehrig and Stenbacka (Eur Econ Rev 51, 77–99, 2007) show that information sharing increases banks’ profits to the detriment of creditworthy entrepreneurs in a model of a banking duopoly with switching costs and poaching. They restrict their analysis to the case...
Persistent link: https://www.econbiz.de/10010148159
Nach einer Serie von Lebensmittelskandalen ist das Vertrauen der Verbraucher in die Industrie erschüttert. Kritik schlägt dabei nicht nur den Herstellern selbst, sondern auch den Anbietern von Gütesiegeln entgegen, die Produkte leichtfertig zertifiziert haben. Die Rufe nach gesteigerter...
Persistent link: https://www.econbiz.de/10010148248
Disclosure of private medical information allows insurance companies to better predict medical expenditures. The … disclosure plan having a lower premium than a non disclosure plan. Furthermore, I find that if health plans have few employees … sorting of employees according to their health status more pronounced. -- health insurance ; disclosure ; information …
Persistent link: https://www.econbiz.de/10010097676