Abstract: Since the twentieth century, several incentive problems have been researched which has resulted into the formation of different incentive theories on the basis of various perspectives like management, economy, sociology and psychology. Incentive theories have experienced an evolution from meeting financial needs to meet a variety of needs, from ambiguous incentive conditions to standard incentive conditions and from basic incentive research to incentive process research. This part explains incentive control on the basis of five theories like Agent theory, Human Capital theory, Yardstick Competition Theory, Expectancy theory and Motivation Needs Theory, which are as follows:
Publication Year: 2014
Publication Date: 2014-01-01
Language: en
Type: book-chapter
Indexed In: ['crossref']
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