The dark side of tournaments: Evidence from innovation performance
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DOI: 10.1016/j.ribaf.2023.102003
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References listed on IDEAS
- Florian Ederer & Gustavo Manso, 2013.
"Is Pay for Performance Detrimental to Innovation?,"
Management Science, INFORMS, vol. 59(7), pages 1496-1513, July.
- Ederer, Florian & Manso, Gustavo, 2009. "Is Pay-For-Performance Detrimental to Innovation?," Department of Economics, Working Paper Series qt03t787q9, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Lucian Bebchuk & Alma Cohen & Allen Ferrell, 2009. "What Matters in Corporate Governance?," The Review of Financial Studies, Society for Financial Studies, vol. 22(2), pages 783-827, February.
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Cited by:
- Li, Xiao-Lin & Si, Deng-Kui, 2024. "Does financial market liberalization promote corporate radical innovation? Evidence from China," International Review of Financial Analysis, Elsevier, vol. 95(PB).
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More about this item
Keywords
Pay inequality; Innovation; Top management team; Social comparison; Tournament;All these keywords.
JEL classification:
- J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
- M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects
- O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
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