Title: An analysis on budget based compensation plan and linear compensation plan
Abstract:Budget based compensation plan and linear compensation plan are investigated under the principal agent framework. By building simplified models and analyzing numerical results to these models, we iden...Budget based compensation plan and linear compensation plan are investigated under the principal agent framework. By building simplified models and analyzing numerical results to these models, we identify a basic factor that has great influence on firm's compensation plan choice issue. The simulation results help firms on how to design compensation plans according to the quality of their managment performance evaluation systems.Read More
Publication Year: 2000
Publication Date: 2000-01-01
Language: en
Type: article
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