Journal article | Zeitschriftenartikel

Managers as administrators: reputation and incentives

In many firms managers play the role of administrators, adding value by successfully implementing solutions to problems that the firm may face. We model the career concerns of administrators. When administrators receive the same in formation but differ in their administrative abilities, we show that they may not choose tasks that are appropriate for the problems they face. In particular, in any pure strategy equilibrium of our model, administrators do not condition their behavior on any of their private information, despite the fact that they are risk neutral and know their administrative ability. We thus identify a novel source of incentive conflicts in firms. We also examine the robustness of these results to various extensions.

Managers as administrators: reputation and incentives

Urheber*in: Dasgupta, Amil; Sarafidis, Yianis

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Umfang
Seite(n): 155-163
Sprache
Englisch
Anmerkungen
Status: Postprint; begutachtet (peer reviewed)

Erschienen in
Journal of Economic Behavior & Organization, 70(1-2)

Klassifikation
Asymmetric and Private Information; Mechanism Design
Thema
Wirtschaft
Management
Reputation

Ereignis
Geistige Schöpfung
(wer)
Dasgupta, Amil
Sarafidis, Yianis
Ereignis
Veröffentlichung
(wo)
Niederlande
(wann)
2009

DOI
URN
urn:nbn:de:0168-ssoar-282956
Rechteinformation
GESIS - Leibniz-Institut für Sozialwissenschaften. Bibliothek Köln
Letzte Aktualisierung
21.06.2024, 16:26 MESZ

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Objekttyp

  • Zeitschriftenartikel

Beteiligte

  • Dasgupta, Amil
  • Sarafidis, Yianis

Entstanden

  • 2009

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