Incentives

Jiatao Li; Zhenzhen Xie

doi:10.1057/978-1-137-00772-8_582

Incentives

Jiatao Li, Zhenzhen Xie

Research output: Chapter in Book/Conference proceeding › Book Chapter › peer-review

Abstract

In strategic management, incentives are usually considered as the factors that induce desired behaviours and/or performance of individuals, groups and organizations. It is believed that incentive conflicts between individuals and managers, managers and firm owners, and those between transaction partners are harmful to the long-term performance of organizations. Strategic management scholars have suggested many incentive designs that help to mitigate incentive conflicts, such as different compensation and governance structures. Research issues on incentives at the individual, group and organizational levels are discussed respectively.

Original language	English
Title of host publication	The Palgrave Encyclopedia of Strategic Management
Publisher	Springer Science+Business Media
Pages	701-706
Number of pages	6
ISBN (Electronic)	9781137007728
ISBN (Print)	9781137491909
DOIs	https://doi.org/10.1057/978-1-137-00772-8_582
Publication status	Published - 1 Jan 2018
Externally published	Yes

ASJC Scopus subject areas

General Economics,Econometrics and Finance
General Business,Management and Accounting
General Social Sciences

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10.1057/978-1-137-00772-8_582

Cite this

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AB - In strategic management, incentives are usually considered as the factors that induce desired behaviours and/or performance of individuals, groups and organizations. It is believed that incentive conflicts between individuals and managers, managers and firm owners, and those between transaction partners are harmful to the long-term performance of organizations. Strategic management scholars have suggested many incentive designs that help to mitigate incentive conflicts, such as different compensation and governance structures. Research issues on incentives at the individual, group and organizational levels are discussed respectively.

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Incentives

Abstract

ASJC Scopus subject areas

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