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This paper addresses a lack of evidence on the impact of performance pay in the public sector by evaluating a pilot … targets, measured with varying degrees of precision. We use data from the agency’s performance management system and personnel … records plus matched labour market data. We focus on three main issues: whether performance pay matters for public service …
Persistent link: https://www.econbiz.de/10011084487
We analyse the effect of ownership on post-privatization performance in a virtually complete population of medium and … ownership improves economic performance, but domestic private ownership does not, relative to state-owned firms. Foreign firms … increasing profit. Ownership concentration is associated with superior performance, thus providing support to the agency theory …
Persistent link: https://www.econbiz.de/10005124464
additional payment. We show that it is easier for division managers to prove top management’s manipulations when the performance …
Persistent link: https://www.econbiz.de/10005504644
additional payment. We show that it is easier for division managers to prove top management’s manipulations when the performance …
Persistent link: https://www.econbiz.de/10005504726
A vast body of empirical studies lends support to the incentive effects of rank-order tournaments. Evidence comes from experiments in laboratories and non-experimental studies exploiting sports or firm data. Selection of competitors across tournaments may bias these non-experimental studies,...
Persistent link: https://www.econbiz.de/10005136509
had on branch performance in a large distribution firm. The scheme, which is based on the Balanced Scorecard, was …
Persistent link: https://www.econbiz.de/10005662113
from fixed wages to performance pay based on the average productivity of lower-tier workers. Theory suggests that …. In our field experiment we find that the introduction of managerial performance pay raises both the mean and dispersion …
Persistent link: https://www.econbiz.de/10005788932
. To evaluate whether the existence of social connections is beneficial to the firm's overall performance, we explore how … irrespective of the worker's ability, but when they are paid performance bonuses, they target their effort towards high ability … performance of connected workers, we find that favoring connected workers is detrimental for the firm's overall performance. …
Persistent link: https://www.econbiz.de/10005791992
noticeable influence on entrepreneurial performance. For example, increasing previous employer size from the 25 percent quartile …
Persistent link: https://www.econbiz.de/10005792326
Organizations fail due to incentive problems (agents do not want to act in the organization's interests) and bounded rationality problems (agents do not have the necessary information to do so). This survey uses recent advances in organizational economics to illuminate organizational failures...
Persistent link: https://www.econbiz.de/10011165668