Corporate Philanthropy and Productivity: Evidence from an Online Real Effort Experiment

Corporate Philanthropy and Productivity: Evidence from an Online Real Effort Experiment

Social Incentives Matter: Evidence from an Online Real Effort Experiment

Social Incentives Matter: Evidence from an Online Real Effort Experiment Contributing to a social cause can be an important driver for workers in the public and nonprofit sector as well as in firms that engage in Corporate Social Responsibility activities. This paper compares the effectiveness of social incentives to financial incentives using an online real effort experiment. We find that soci...

Effects of Perceived Productivity on Study Effort: Evidence from a Field Experiment

How does effort respond to the perceived relationship between effort and rewards? The answer is ambiguous since leisure and rewards can be either substitutes or complements. To answer this question, I conduct a two-part field experiment with a widely used online learning platform. For one group of students, I measure the causal relationship between effort and rewards. Then, for a second group o...

Social Comparison and Effort Provision: Evidence from a Field Experiment

Social comparison has potentially far reaching consequences in many economic domains. We conducted a field experiment to examine how social comparison affects workers’ effort provision if their own wage or that of a co-worker is cut. Workers were assigned to groups of two, performed identical individual tasks, and received the same performance-independent hourly wage. Cutting both group members...

Monitoring and Corporate Disclosure: Evidence from a Natural Experiment∗

Using an experimental design that exploits exogenous reductions in coverage resulting from brokerage house mergers, we find that a reduction in coverage causes a deterioration in financial reporting quality. The effect of coverage on disclosure is more pronounced for firms with weak shareholder rights, consistent with a substitution effect between analyst monitoring and other corporate governan...