Three Studies Examining the Effects of Informal Management Control Systems and Incentive Compensation Schemes on Employees' Performance

Three Studies Examining the Effects of Informal Management Control Systems and Incentive Compensation Schemes on Employees' Performance
Author: Kazeem Olalekan Akinyele
Publisher:
Total Pages: 192
Release: 2017
Genre:
ISBN:

Collectively these studies contribute to management accounting research by examining how different types of informal MCS such as organizational value statement and organizational culture interact with incentive compensation scheme. Specifically, these three studies highlight how and when we can use informal MCS to improve employees' performance as well as their decision making in the organization. Study one contributes to research and practice by highlighting situations where a pay-for-performance incentive scheme may result in unintended consequences. Study two contributes to the management control literature by demonstrating how utilizing technology can enhance the delivery of an organization's value statement and ultimately improve employees' performance. Study three contributes to the incentives and organizational culture literature as well as strategy surrogation research by examining institutional factors that may inhibit or exacerbate surrogation.

Management Control Systems

Management Control Systems
Author: Kenneth A. Merchant
Publisher: Pearson Education
Total Pages: 876
Release: 2007
Genre: Business & Economics
ISBN: 9780273708018

With its unique range of case studies, real life examples and comprehensive coverage of the latest management control-related tools and techniques, Management Control Systems is the ideal guide to this complex and multidimensional subject for upper level undergraduates, postgraduates and practising professionals.

Essays on Incentives, Controls, and Managerial Decision Making in Organizations

Essays on Incentives, Controls, and Managerial Decision Making in Organizations
Author: Anil Suresh Kshatriya
Publisher:
Total Pages: 0
Release: 2024
Genre:
ISBN:

"Managerial decisions in firms are influenced by the availability and precision of information. This thesis explores the internal information environment of firms through three separate investigations. Chapter 2 investigates the impact of symbolic rewards and performance transparency on managers' task assignment decisions. The study reveals that while managers' task assignment decisions are influenced by the possibility of offering symbolic rewards, they are not affected by the level of performance transparency in the firm. Chapter 3 examines the combined effect of information availability and feedback frequency on performance in a multitasking environment. The study finds that informing employees about future tasks reduces their attention and lowers their performance on current tasks. However, frequent performance feedback helps mitigate this negative effect. Chapter 4 investigates how the source of knowledge and status incentives impact managers' knowledge transfer decisions in multi-unit firms. It explores whether sourcing knowledge internally or externally influences these decisions due to psychological ownership. Contrary to the prediction, the findings show that managers do not have a stronger sense of psychological ownership for internal knowledge nor are they less willing to transfer it compared to external knowledge. However, offering status incentives, such as awards, increases managers' willingness to transfer both internal and external knowledge to other business units."--

Strategic Leadership

Strategic Leadership
Author: Sydney Finkelstein
Publisher: Strategic Management
Total Pages: 480
Release: 2009
Genre: Business & Economics
ISBN: 0195162072

This book integrates and assesses the vast and rapidly growing literature on strategic leadership, which is the study of top executives and their effects on organizations. The basic premise is that in order to understand why organizations do the things they do, or perform the way they do, we need to deeply comprehend the people at the top-- their experiences, abilities, values, social connections, aspirations, and other human features. The actions--or inactions--of a relatively small number of key people at the apex of an organization can dramatically affect organizational outcomes. The scope of strategic leadership includes individual executives, especially chief executive officers (CEOs), groups of executives (top management teams, or TMTs); and governing bodies (particularly boards of directors). Accordingly, the book addresses an array of topics regarding CEOs (e.g., values, personality, motives, demography, succession, and compensation); TMTs (including composition, processes, and dynamics); and boards of directors (why boards look and behave the way they do, and the consequences of board profiles and behaviors). Strategic Leadership synthesizes what is known about strategic leadership and indicates new research directions. The book is meant primarily for scholars who strive to assess and understand the phenomena of strategic leadership. It offers a considerable foundation on which professionals involved in executive search, compensation, appraisal and staffing, as well as board members who evaluate executive performance and potential, might build their tools and perspectives.

Pay for Performance

Pay for Performance
Author: National Research Council
Publisher: National Academies Press
Total Pages: 221
Release: 1991-02-01
Genre: Business & Economics
ISBN: 0309044278

"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.

Incentives and Test-Based Accountability in Education

Incentives and Test-Based Accountability in Education
Author: National Research Council
Publisher: National Academies Press
Total Pages: 111
Release: 2011-10-18
Genre: Education
ISBN: 0309225078

In recent years there have been increasing efforts to use accountability systems based on large-scale tests of students as a mechanism for improving student achievement. The federal No Child Left Behind Act (NCLB) is a prominent example of such an effort, but it is only the continuation of a steady trend toward greater test-based accountability in education that has been going on for decades. Over time, such accountability systems included ever-stronger incentives to motivate school administrators, teachers, and students to perform better. Incentives and Test-Based Accountability in Education reviews and synthesizes relevant research from economics, psychology, education, and related fields about how incentives work in educational accountability systems. The book helps identify circumstances in which test-based incentives may have a positive or a negative impact on student learning and offers recommendations for how to improve current test-based accountability policies. The most important directions for further research are also highlighted. For the first time, research and theory on incentives from the fields of economics, psychology, and educational measurement have all been pulled together and synthesized. Incentives and Test-Based Accountability in Education will inform people about the motivation of educators and students and inform policy discussions about NCLB and state accountability systems. Education researchers, K-12 school administrators and teachers, as well as graduate students studying education policy and educational measurement will use this book to learn more about the motivation of educators and students. Education policy makers at all levels of government will rely on this book to inform policy discussions about NCLB and state accountability systems.

Human Resource Strategy

Human Resource Strategy
Author: Michal Biron
Publisher: Routledge
Total Pages: 392
Release: 2014-06-27
Genre: Business & Economics
ISBN: 1135122253

What is human resource strategy? How are human resources strategies formulated and how can we explain the variance between what is espoused and what is actually implemented? What impact – if any – does human resource strategy have on the organization’s "bottom line," and how can this impact be explained? Is there one best HR strategy for all firms, or is the impact of HR strategy on performance contingent on some set of organizational, technological or environmental factors? Human Resource Strategy, 2nd edition, provides an overview of the academic and practitioner responses to these and other questions. Applying an integrative framework, the authors review 30 years’ worth of empirical and theoretical research in an attempt to reconcile often-conflicting conceptual models and competing empirical results. Complex theoretical models and scientific findings are presented in an accessible and relevant way, in the context of the strategic decisions that executives are forced to make on a regular basis. This new edition features an updated literature review, coverage of the latest challenges to HR strategy, new mini-cases, discussion questions, additional examples, and an emphasis on the strategic implications of the research, making it an ideal resource for students and practitioners alike.

Performance Measurement and Management Control

Performance Measurement and Management Control
Author: Antonio Davila
Publisher: Emerald Group Publishing
Total Pages: 504
Release: 2012-06-08
Genre: Business & Economics
ISBN: 1780529112

In addition to the three plenary sessions, this volume contains some of the exemplary papers that were presented at the 2011 conference; representing a collection of leading research in management control and performance measurement and providing a significant contribution to the growing literature in the area.