The University of Dublin | Trinity College -- Ollscoil Átha Cliath | Coláiste na Tríonóide
Trinity's Access to Research Archive
Home :: Log In :: Submit :: Alerts ::

Economic and Social Review >
Economic and Social Review Archive: Complete Collection 1969- >

Please use this identifier to cite or link to this item:

Title: What have we learnt about pay for performance?
Author: Prendergast, Canice
Keywords: Microeconomics
Corporate governance
Performance evaluation
Issue Date: 2011
Publisher: Economic & Social Research Institute
Citation: Prendergast, Canice. 'What have we learnt about pay for performance?'. - Economic & Social Review, Vol. 42, No. 2, Summer, 2011, pp113-134, Dublin: Economic & Social Research Institute
Abstract: Governance is a central concern of economics. In much of economic activity, relevant principals (firms, voters, government agencies, and so on) delegate decisions to agents who may not have the interests of those principals at heart. Much of the literature in microeconomics of the last two decades has been concerned with the issue – what mechanisms can firms use to attempt to align interests? That such concerns are important hardly needs to be emphasised in the current Irish economic environment, where concerns of excessive lending by the banking sector have resulted in many claims about compensation and oversight. The purpose of this lecture is to overview the literature on one mechanism that has been proposed for solving agency concerns – pay for performance – but to place it in the context of other forms of governance.
Description: Geary Lecture Winter 2010
ISSN: 00129984
Appears in Collections:The Economic and Social Review, Vol. 42, No. 2, Summer, 2011
Economic and Social Review Archive: Complete Collection 1969-

Files in This Item:

File Description SizeFormat
prendergast esr 42 2 2011 pp113-134.pdfPublished (publisher's copy) - Peer Reviewed105.22 kBAdobe PDFView/Open

This item is protected by original copyright

Please note: There is a known bug in some browsers that causes an error when a user tries to view large pdf file within the browser window. If you receive the message "The file is damaged and could not be repaired", please try one of the solutions linked below based on the browser you are using.

Items in TARA are protected by copyright, with all rights reserved, unless otherwise indicated.


Valid XHTML 1.0! DSpace Software Copyright © 2002-2010  Duraspace - Feedback