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- Research Summary
Institutional influences on the firm: cross-country comparisons
A third stream of work examines the influence of country institutions on firms in a cross-country comparative context. In a paper co-authored with Jordan Siegel (published in Management Science in 2009), we employed a quasi-natural experiment: a... View Details
- 18 Apr 2013
- Working Paper Summaries
The Impact of Pooling on Throughput Time in Discretionary Work Settings: An Empirical Investigation of Emergency Department Length of Stay
- 09 Apr 2018
- Sharpening Your Skills
The Dark Side of Performance Bonuses
more ethically when focused on what not to do. Should Pay-for-Performance Compensation Be Replaced? In spite of its naysayers, pay-for-performance compensation still makes sense to most of us. But there is a... View Details
Keywords: by Sean Silverthorne
- 26 Nov 2001
- Op-Ed
Why Corporate Budgeting Needs To Be Fixed
look more carefully at how budgets drive compensation and, in turn, behavior. In a traditional pay-for-performance incentive system, a manager's total cash compensation (salary plus bonus) is constant until a minimum performance hurdle is... View Details
Keywords: by Michael C. Jensen
- 20 Jan 2003
- Research & Ideas
Fixing Corporate Governance: A Roundtable Discussion at Harvard Business School
executives. Healy: To put it in context, we live in a society in which the stars—entertainers, professional athletes, the top performers in any industry—make all the money. That includes the executive market as well. The irony about View Details
Keywords: by Garry Emmons
- 05 Jun 2007
- First Look
First Look: June 5, 2007
be higher and the pay-for-performance sensitivity will be lower relative to a scenario in which the measure is not mandated. In contrast, if the mandated measure's informativeness dominates the measure's sensitivity to effort, then effort... View Details
Keywords: Martha Lagace
- 08 Jul 2002
- Research & Ideas
How to Fashion Your New E-Business Model
assembly line, marketing, sales, and after-sales service channels) A management model (the hierarchy) A social or regulatory system (specialized work, pay-for-performance incentives, worker education, unions, antitrust laws) As we enter... View Details
Keywords: by Lynda M. Applegate
- 02 Mar 2010
- First Look
First Look: March 2
Andrew Huang and the Center had worked with the Taiwan National Health Insurance system to create a pay-for-performance reimbursement program for breast cancer care that has since been adopted by five other providers. The program issues... View Details
Keywords: Martha Lagace