A new study collects best practices and invites HR experts to share insights. In order to develop novel benchmarks for compensation strategies and evaluate their effectiveness, researchers Prof. Dr. Sydnee Caldwell (UC Berkeley) and Ingrid Hägele (UC Berkeley and ifo Institute) are conducting a unique survey in collaboration with the ifo Institute in Munich. Thousands of HR and compensation experts in Germany are invited to share their insights in the 15-minute online survey.

A theoretical study shows that over-investment into liquidity-generating capital can increase the value of a company in volatile market conditions by making it easier to motivate the company’s workforce. The findings of the study have implications for the optimal design of incentives and management practices in companies in times of crisis. Over-investment - An Agency Problem A prominent fact in corporate finance is that managers tend to over-invest, i.e. marginal costs excee

Motivating innovation is an important concern in many organizations. For example, shareholders of large corporations often need to motivate managers to pursue more innovative business strategies. Managers often complain that it is hard to induce their employees to be more innovative. Gustavo Manso from the University of California at Berkeley studies how to structure incentives when the principal (manager) needs to motivate the agent (employee) to be more innovative? He shows