this study has been done with the aim of determining the effect of financial and nonfinancial compensation satisfaction on employee engagement considering mediator role of perceived organizational justice. the research statistical population included eight hundred sixty two isfahan municipality employees. three hundred fourtheen persons were selected as the research sample by stratified random ...

In this paper, we use the multi-task principal agent model of Holmström and Milgrom [The Journal of Law, Economics and Organization 7 (1991) (Suppl.) 24] to argue that nonprofit hospitals represent an optimal response to information asymmetries between managers and board (government). For a board (government) with multidimensional objectives, the agency problem is getting top executives to dist...

This paper focuses on the agency problem derived from the con‡ict of interest between employees and shareholders. I show that if employees are compensated with restricted stock or stock options, shareholders may engage in opportunistic share repurchases. Equityholders have an incentive to buy back stock after employment contracts have been signed because repurchases increase compensation sensit...

The executive physical examination has been advocated in the United States for almost 100 years. A MEDLINE search of the literature found very few studies that document the potential impact of a worksite physical examination program on medical and disability costs. Bank One has performed executive physical examinations at its corporate headquarters' medical department since 1983. Approximately ...

S&P1500 firms awarded signing bonuses to a growing proportion of new top executives in recent years, with the payments averaging $2.5 million from 1992 through 2011. Examining hand-collected data on 2,301 signing bonuses during that period, we find empirical evidence corroborating the signaling and incentive roles of the payments. Our research is the first empirical study on executive signing b...

introduction: the scientific, technical, economic and social development of a society is closely connected to the amount of information produced by its managers, researcher and scholars. in this study, the necessity of the librarians and medical informants' cooperation in the approved research plans of iums was investigated. methods and materials: it was a descriptive study in which the partici...

The strongest support for feedback in speech perception comes from evidence of apparent lexical influence on prelexical fricative-stop compensation for coarticulation. Lexical knowledge (e.g., that the ambiguous final fricative of Christma? should be [s]) apparently influences perception of following stops. We argue that all such previous demonstrations can be explained without invoking lexical...

Digital transformation in the banking sector is a continuous process that affects both external and internal environment by redesigning processes existing methods. There are many reasons digital takes place, such as servicing remote areas without physical branches, differentiation from competitors or reduction of operating costs. In any case, there lot doubts about acceptance technologies. Thus...

It is widely believed that executives value stock options at less than market or Black-ScholesMerton values. This belief is contingent, however, on a subtle assumption that executives are, like shareholders, price takers with no ability to influence the underlying stock. But executives clearly have the ability to influence the stock, as that is the principal reason why they are granted the opti...