Download or read book Relative Performance Evaluation in Organizations with Information Networks written by Xiangyu Shi and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, I study a principal-multiagent model in which the principal adopts relative performance evaluation (RPE) as the compensation scheme, and agents are connected in an information network. The ability of each agent is private information, but adjacent agents in the information network can observe each other's ability. Given RPE as the compensation scheme, and assuming that each agent is identical ex ante, the effect of adding links among agents on the effort level is ambiguous, and is determined by the second-(complementarity) and third-order (“risk” attitude) cross-partial derivatives of the compensation function. Complete information networks may not be optimal for maximizing the performance of the organization, whereas empty networks can be optimal in some cases.
Download or read book The Use of Relative Performance Evaluation in Organizations written by Michael Maher and published by . This book was released on 1986 with total page 27 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Relative Performance Evaluation in a Multi Plant Firm written by and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Relative performance evaluation UK empirical evidence written by Shifei Liu and published by . This book was released on 2003 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Performance Evaluation in Organizations written by Walter C. Borman and published by Dartmouth Publishing Company. This book was released on 1994 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book of essays focuses on the efforts of industrial, organizational and business psychologists to address what has been called 'the criterion problem'. The readings are organized into ten parts : Basic issues in criterion performance measurement ; Rating accuracy and rater errors ; Rating formats ; Rater training ; Performance ratings from different organizational sources ; Models of rating processes ; Research on rating processes ; Dynamic criteria ; Work samples and job knowledge testing ; Issues in performance evaluation practice.
Download or read book Relative Performance Evaluation for Chief Executive Officers written by Robert Gibbons and published by . This book was released on 1989 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: Measured individual performance often depends on random factors which also affect the performances of other workers in the same firm, industry, or market. In these cases, relative performance evaluation (RPE) can provide incentives while partially insulating workers from the common uncertainty. Basing pay on relative performance, however, generates incentives to sabotage the measured performance of co-workers, to collude with co-workers and shirk, and to apply for jobs with inept co-workers. RPE contracts also are less desirable when the output of co-workers is expensive to measure or in the presence of production externalities, as in the case of team production. The purpose of this paper is to review the benefits and costs of RPE and to test for the presence of RPE in one occupation where the benefits plausibly exceed the costs: chief executive officers (CEOs). In contrast to previous research, our empirical evidence strongly supports the RPE hypothesis-CEO pay revisions and retention probabilities are positively and significantly related to firm performance, but are negatively and significantly related to industry and market performance, ceteris paribus. Our results also suggest that CEO performance is more likely to be evaluated relative to aggregate market movements than relative to industry movements.
Download or read book Executive Defense written by Michael Useem and published by Harvard University Press. This book was released on 1993 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: A quiet revolution came to corporate America during the late 1980s and early 1990s. Large shareholders - pension funds, insurance companies, money managers, and commercial banks - exercised new-found muscle, pressuring senior managers to improve disappointing financial results by reshaping their organizations. Michael Useem reveals how those investor pressures have transformed the inside structures of many corporations, better aligning them with shareholder interests. Useem draws on numerous sources, including interviews with senior managers and intensive studies of seven large corporations representing a range of restructuring experiences and industries - including pharmaceuticals, transportation, chemicals, retailing, and financial services. He shows that organizational changes have affected many areas of corporate life: headquarters staffs have been reduced, authority has filtered down to operating units, and compensation has become more closely tied to performance. Change also extends to corporate governance, where managers have fought back by seeking legal safeguards against takeovers and by staggering board terms. They've also put significant resources into building more effective relations with shareholders. As Useem demonstrates, this revolution has reached beyond the corporation, influencing American politics and law. As increasing ownership concentration has caused companies to focus more attention on shareholders, corporate political agendas have shifted from fighting government regulation to resisting shareholder intrusion. This book will be important reading for managers, economists, lawyers, financial analysts, and all observers of American business.
Download or read book Software Business written by Arto Ojala and published by Springer. This book was released on 2017-10-20 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book constitutes the refereed proceedings of the 8th International Conference on Software Business, ICSOB 2017, held in Essen, Germany, in June 2017. The 11 full papers and 5 short papers presented in this volume were carefully reviewed and selected from 30 submissions. They were organized in topical sections named: software startups and platform governance; software business development; software ecosystems and App stores.
Download or read book Passing the Baton written by Richard F. Vancil and published by Harvard Business Review Press. This book was released on 1987 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Proceedings of the CMG XI 11th International Conference on Computer Performance Evaluation in the 80s written by and published by . This book was released on 1980 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Handbook of Organizational Economics written by Robert S. Gibbons and published by Princeton University Press. This book was released on 2013 with total page 1248 pages. Available in PDF, EPUB and Kindle. Book excerpt: (E-book available via MyiLibrary) In even the most market-oriented economies, most economic transactions occur not in markets but inside managed organizations, particularly business firms. Organizational economics seeks to understand the nature and workings of such organizations and their impact on economic performance. The Handbook of Organizational Economics surveys the major theories, evidence, and methods used in the field. It displays the breadth of topics in organizational economics, including the roles of individuals and groups in organizations, organizational structures and processes, the boundaries of the firm, contracts between and within firms, and more.
Download or read book Relative Performance Evaluation written by W. Timothy Mitchell and published by . This book was released on 2010 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Extant research suggests relative performance evaluation increases performance in single-period settings. The principal mechanism for this increase is relative performance evaluation's ability to reduce exposure to common risks. However, I predict that in multi-period settings this reduction in exposure to common risks will not increase performance. In a laboratory experiment, I isolate the performance effects of reducing common risks and find that the benefits do not persist in multi-period settings. This occurs because individuals who fail in the current period attribute that failure to reasons they believe are more likely to affect future periods. Thus, they lower their expectancy. Expectancy's positive correlation with future period effort and performance means that future period performance does not increase for individuals who fail in the current period. These findings suggest that we focus attempts to improve the multi-period performance effectiveness of relative performance evaluation on its other benefits.
Download or read book Relative Performance Information Rank Ordering and Employee Performance written by Stephan Kramer and published by . This book was released on 2016 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: We conduct a laboratory experiment to examine whether the provision of detailed relative performance information (i.e., information about the specific performance levels of peers) affects employee performance. We also investigate how - if at all - explicit ranking of performance levels affects how employees respond to relative performance information. Our hypotheses are developed based on insights about social comparisons and status incentives from the psychology and behavioral economics literature. The results of the experiment show that the provision of relative performance information increases employee performance, yet we find no additional effects of rank ordering. Specifically, average performance levels are similar in conditions in which relative performance figures are presented in random order, in best-to-worst order and in worst-to-best order.
Download or read book Thesaurus of ERIC Descriptors written by and published by . This book was released on 1984 with total page 648 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Enhancing Performance Regimes to Enable Outcome based Policy Analysis in Cross boundary Settings written by Vincenzo Vignieri and published by Springer Nature. This book was released on 2022-07-26 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last two decades, the field of public administration has witnessed theoretical and practical changes that have innovated the relationships between public administration and performance management. Dealing with the rising complexity of performance regimes in contemporary public administration requires that policy-makers and their organizations are able to face unpredictable problems impacting on a community’s quality of life. Complex policy issues – such as immigration, pandemics, societal aging, crime, unemployment, and financial crises – cannot be easily solved by quick fixes that are focused only on a short-term and bounded vision of their causes. They rather require “robust” methods to support policy analysis and to affect sustainable community outcomes in cross-boundary settings. As illustrated in this book, Dynamic Performance Management provides a methodological framework enabling policy-makers to outline the causal relationships among policy outcomes, performance drivers, and related strategic resources. Such a modeling approach helps stakeholders to broaden the investigated system boundaries so to balance short- and long-term performance under different result domains. This approach blends performance management and System Dynamics modeling. Several examples and case studies are discussed to enable scholars and practitioners to appreciate the practical implications related to the use of such an approach.
Download or read book Pay for Performance written by National Research Council and published by National Academies Press. This book was released on 1991-02-01 with total page 221 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Pay for performance" has become a buzzword for the 1990s, as U.S. organizations seek ways to boost employee productivity. The new emphasis on performance appraisal and merit pay calls for a thorough examination of their effectiveness. Pay for Performance is the best resource to date on the issues of whether these concepts work and how they can be applied most effectively in the workplace. This important book looks at performance appraisal and pay practices in the private sector and describes whetherâ€"and howâ€"private industry experience is relevant to federal pay reform. It focuses on the needs of the federal government, exploring how the federal pay system evolved; available evidence on federal employee attitudes toward their work, their pay, and their reputation with the public; and the complicating and pervasive factor of politics.
Download or read book Collaborative Networks in Digitalization and Society 5 0 written by Luis M. Camarinha-Matos and published by Springer Nature. This book was released on with total page 841 pages. Available in PDF, EPUB and Kindle. Book excerpt:
