Performance pay, delegation and multitasking under uncertainty and innovativeness: An empirical investigation Export

@article{citeulike:5092669, abstract = {It has been recently noted that the trade-off between risk and incentives that agency theory predicts turns out to be rather weak. We examine predictions from agency theory on the basis of data from a data set encompassing close to 1000 Danish firms. We find that the relation between performance pay and environmental uncertainty is indeed weak. We examine the relation between delegation and environmental uncertainty, and find that this relation is confirmed. We also examine the multi-tasking agency hypothesis that as risk increases, the flexibility of agents is restricted. We fail to find support for this hypothesis.}, author = {Foss, Nicholai J. and Laursen, K.}, citeulike-article-id = {5092669}, citeulike-linkout-0 = {http://dx.doi.org/10.1016/j.jebo.2004.03.018}, citeulike-linkout-1 = {http://linkinghub.elsevier.com/retrieve/pii/S0167268105001514}, doi = {10.1016/j.jebo.2004.03.018}, issn = {01672681}, journal = {Journal of Economic Behavior \& Organization}, keywords = {delegation, empirical, innovativeness, investigation, multitasking, pay, performance, uncertainty}, month = {October}, number = {2}, pages = {246--276}, posted-at = {2009-07-08 16:01:37}, priority = {3}, title = {Performance pay, delegation and multitasking under uncertainty and innovativeness: An empirical investigation}, url = {http://dx.doi.org/10.1016/j.jebo.2004.03.018}, volume = {58}, year = {2005} }

TY - JOUR ID - citeulike:5092669 L3 - citeulike-article-id:5092669 N2 - It has been recently noted that the trade-off between risk and incentives that agency theory predicts turns out to be rather weak. We examine predictions from agency theory on the basis of data from a data set encompassing close to 1000 Danish firms. We find that the relation between performance pay and environmental uncertainty is indeed weak. We examine the relation between delegation and environmental uncertainty, and find that this relation is confirmed. We also examine the multi-tasking agency hypothesis that as risk increases, the flexibility of agents is restricted. We fail to find support for this hypothesis. IS - 2 JF - Journal of Economic Behavior & Organization SN - 01672681 EP - 276 TI - Performance pay, delegation and multitasking under uncertainty and innovativeness: An empirical investigation VL - 58 SP - 246 KW - delegation KW - empirical KW - innovativeness KW - investigation KW - multitasking KW - pay KW - performance KW - uncertainty AU - Foss, Nicholai AU - Laursen, K PY - 2005/10// UR - http://dx.doi.org/10.1016/j.jebo.2004.03.018 ER -