Optimal incentives and the time dimension of performance measurement
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DOI: 10.1016/j.jet.2012.09.010
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- Florian Hoffmann & Roman Inderst & Marcus Opp, 2021.
"Only Time Will Tell: A Theory of Deferred Compensation [Motivating Innovation in Newly Public Firms],"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 88(3), pages 1253-1278.
- Hoffmann, Florian & Inderst, Roman & Opp, Marcus M., 2018. "Only time will tell: A theory of deferred compensation," SAFE Working Paper Series 218, Leibniz Institute for Financial Research SAFE.
- Inderst, Roman & Opp, Marcus, 2019. "Only time will tell: A theory of deferred compensation," CEPR Discussion Papers 13643, C.E.P.R. Discussion Papers.
- Qintao Fan & Wei Li, 2018. "Leading indicator variables and managerial incentives in a dynamic agency setting," Review of Accounting Studies, Springer, vol. 23(4), pages 1715-1753, December.
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More about this item
Keywords
Optimal incentives; Performance measurement; Intertemporal consumption; Informativeness; Timeliness;All these keywords.
JEL classification:
- D86 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Economics of Contract Law
- D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
- M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects
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