Showing 1 - 10 of 251,251
economy. -- Tournaments ; managerial incentives ; ownership structure ; China ; transition economies … an optimal response of the winner's prize to the size of the contestant pool is more evident for China's listed firms … to decide on the tournament winner). Using comprehensive financial and accounting data on China's listed firms from 1998 …
Persistent link: https://www.econbiz.de/10003759900
an optimal response of the winner's prize to the size of the contestant pool is more evident for China's listed firms … to decide on the tournament winner). Using comprehensive financial and accounting data on China's listed firms from 1998 … effort and hence improved firm performance, and that the performance effect of the winner's prize is greater for China …
Persistent link: https://www.econbiz.de/10005763675
This paper investigates the effects of managerial incentives on favoritism in promotion decisions. First, we theoretically show that favoritism leads to a lower quality of promotion decisions and in turn lower efforts. But the effect can be mitigated by pay-for-performance incentives for...
Persistent link: https://www.econbiz.de/10010278492
Persistent link: https://www.econbiz.de/10009305648
Executive remuneration is often criticised as being excessive and not clearly linked to firm performance. This study further examines the link between pay and performance by examining the impact of promotion-based tournament incentives. Our hypotheses draw on tournament theory of labour...
Persistent link: https://www.econbiz.de/10013101493
an optimal response of the winner's prize to the size of the contestant pool is more evident for China's listed firms … to decide on the tournament winner). Using comprehensive financial and accounting data on China's listed firms from 1998 … effort and hence improved firm performance, and that the performance effect of the winner's prize is greater for China …
Persistent link: https://www.econbiz.de/10013324940
Promotion tournaments play an important role for the provision of incentives in firms. In this paper, we extend … research on single-stage rank-order tournaments and analyze behavior in multi-stage elimination tournaments. The main treatment …
Persistent link: https://www.econbiz.de/10010269362
Promotion tournaments play an important role for the provision of incentives in firms. In this paper, we extend … research on single-stage rank-order tournaments and analyze behavior in multi-stage elimination tournaments. The main treatment …
Persistent link: https://www.econbiz.de/10003777950
Promotion tournaments play an important role for the provision of incentives in firms. In this paper, we extend … research on single-stage rank-order tournaments and analyze behavior in multi-stage elimination tournaments. The main treatment …
Persistent link: https://www.econbiz.de/10013324780
; favoritism ; nepotism ; tournaments …
Persistent link: https://www.econbiz.de/10009232290