Awards as compensation
نویسنده
چکیده
Awards are non-material, extrinsic compensation taking the form of orders, medals, decorations and prizes. They have been widely used in monarchies and republics, private organizations, not-for-profit and profit-oriented firms. Nevertheless, they have so far not received much attention. This paper develops empirically testable hypotheses, analysing the determinants of the supply of awards. The hypotheses refer to the possibility of using awards, the effectiveness of awards, and the capacity to maintain the scarcity value of awards. As the number of awards bestowed cannot (at least so far) be measured adequately, empirical evidence is adduced by way of illustrative examples. European Management Review (2007) 4, 6–14. doi:10.1057/palgrave.emr.1500068
منابع مشابه
Book Chapter in Encyclopedia of Global Studies, Edited Prizes and Awards, International
Awards such as orders, medals and decorations are a global phenomenon; they exist everywhere in society and in all times. They serve as signals to generally indicate socially desired behavior as well as motivators for individual persons. Awards in the form of orders, crosses, decorations, prizes, and titles, are non-material, but extrinsic incentives. The realm of awards is quite vague. The sem...
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