相对业绩比较与经理激励
外国经济与管理 2000 年 第 22 卷第 11 期, 页码:10 - 14
摘要
参考文献
摘要
相对业绩比较是现代激励理论研究的一个重要领域 ,它通过部分地消除代理人面临的、具有不可控制性的外部环境不确定性 ,可以提高最优风险分担程度 ,强化对代理人的激励力度。本文通过对国外相对业绩比较理论领域的研究 ,系统地阐述了现有的研究成果和实证检验结论 ,并指出相对业绩比较对规范我国公司治理结构和企业规制的理论指导和实践具有不可或缺的作用。
①如果产出或利润水平x包含了关于 (e,u)的所有信息 ,即x是 (e,u)的充分统计量 (sufficientstatistic) ,则另一信号y就不可能提供额外的信息 ,把 y写进合同则没有意义。关于更详细的数学条件参见Homstr m(1979)。
[1]Aggarwal,Rajesh ,K .,andAndrewA .Samwick .ExecutiveCompensation ,Strategiccompetition ,andRelativePerformanceEvaluation :TheoryandEvidence [J].JournalofPoliticalEconomy ,1999,(10 7) :1999- 2 0 12 .
[2 ]BankerRajivD .,Chang ,Hsihui.StandardEstimation ,StandardTightness ,andBenchmarking :AMethodwithanApplicationtoNursingServices [J].JournalofManagementAccountingResearch ,1998,(10 ) :133 - 15 3 .
[3]Gibbons,Robert ,andKevinJ .Murphy .RelativePerformanceEvaluationforChiefExecutiveOfficers[J].IndustrialandLaborRelationsReview ,1990 ,(4 3) :30 - 5 1.
[4 ]Hlomstrom ,Bengt,andPaulMilgrom .AggregationandLinearityintheProvisionofIntertemporalIncentives [J].Econometri ca,1987,(5 5 ) :30 3 - 32 8.
[5 ]Joh ,andSungWook .StrategicManagerialIncentiveCompensationinJapan :RelativePerformanceEvaluationandProductMarketCollusion [J].ReviewofEconomicsandStatistics ,1999,(81) :30 3 - 313.
[6 ]Sobel,andjoel.AReexaminationofYardstickCompetition[J].JournalofEconomics&ManagementStrategy ,1999,(8) :33- 6 1.
[1]Aggarwal,Rajesh ,K .,andAndrewA .Samwick .ExecutiveCompensation ,Strategiccompetition ,andRelativePerformanceEvaluation :TheoryandEvidence [J].JournalofPoliticalEconomy ,1999,(10 7) :1999- 2 0 12 .
[2 ]BankerRajivD .,Chang ,Hsihui.StandardEstimation ,StandardTightness ,andBenchmarking :AMethodwithanApplicationtoNursingServices [J].JournalofManagementAccountingResearch ,1998,(10 ) :133 - 15 3 .
[3]Gibbons,Robert ,andKevinJ .Murphy .RelativePerformanceEvaluationforChiefExecutiveOfficers[J].IndustrialandLaborRelationsReview ,1990 ,(4 3) :30 - 5 1.
[4 ]Hlomstrom ,Bengt,andPaulMilgrom .AggregationandLinearityintheProvisionofIntertemporalIncentives [J].Econometri ca,1987,(5 5 ) :30 3 - 32 8.
[5 ]Joh ,andSungWook .StrategicManagerialIncentiveCompensationinJapan :RelativePerformanceEvaluationandProductMarketCollusion [J].ReviewofEconomicsandStatistics ,1999,(81) :30 3 - 313.
[6 ]Sobel,andjoel.AReexaminationofYardstickCompetition[J].JournalofEconomics&ManagementStrategy ,1999,(8) :33- 6 1.
引用本文
史先诚, 王佩艳. 相对业绩比较与经理激励[J]. 外国经济与管理, 2000, 22(11): 10–14.
导出参考文献,格式为: