The effect of adversity on process innovations and managerial incentives

Arbeitspapier

This paper asks whether adversity spurs the introduction of process innovations and increases the use of managerial incentives by firms. Using a large panel data set of workplaces in Canada, our identification strategy relies on exogenous variation in adversity arising from increased border security along the 49th parallel following 9/11. Our longitudinal difference-in-differences estimates indicate that firms responded to adversity by introducing new or improved processes, but did not change their use of managerial incentives. These results suggest that the threat of bankruptcy may provide impetus for improving efficiency.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: CESifo Working Paper ; No. 2684

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Firm Objectives, Organization, and Behavior: General ; Innovation and Invention: Processes and Incentives ; Personnel Economics: Compensation and Compensation Methods and Their Effects ; Compensation Packages; Payment Methods
• Thema: Krisenmanagement ; Innovation ; Führungskräfte ; Leistungsorientierte Vergütung ; Leistungsmotivation ; Theorie ; Kanada

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Dostie, Benoît ; Jayaraman, Rajshri
• Ereignis: Veröffentlichung
• (wer): Center for Economic Studies and ifo Institute (CESifo)
• (wo): Munich
• (wann): 2009

Weitere Informationen

• Handle: http://hdl.handle.net/10419/30579
• Letzte Aktualisierung: 10.03.2025, 11:45 MEZ