Incentives and Managerial Experience in Multi-Task Teams: Evidence from Within a Firm
Rachel Griffith and
Andrew Neely
No 6107, CEPR Discussion Papers from C.E.P.R. Discussion Papers
Abstract:
This paper exploits a quasi-experimental setting to estimate the impact that a multi-dimensional group incentive scheme had on branch performance in a large distribution firm. The scheme, which is based on the Balanced Scorecard, was implemented in all branches in one division, but not in another. Branches from the second division are used as a control group. Our results suggest that the balanced scorecard had some impact, but that it varied with branch characteristics, and in particular, branches with more experienced managers were better able to respond to the new incentives.
Keywords: Balanced scorecard; Incentive design; Managerial experience (search for similar items in EconPapers)
JEL-codes: J33 M12 M52 (search for similar items in EconPapers)
Date: 2007-02
New Economics Papers: this item is included in nep-bec
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Citations: View citations in EconPapers (1)
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Working Paper: Incentives and managerial experience in multi-task teams: evidence from within a firm (2006) 
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