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The effects of monetary incentives on effort and task performance

This is a research report on The effects of monetary incentives on effort and task performance uploaded by Jasmine Pvk in category: All Documents »  Accounts »  Cost Accounting section of our research repository.
1107 views, 0 comments, Last Update: Feb 9, 2016.
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Category: All Documents  »  Accounts » Cost Accounting

Tags: Monetary incentives , cognitive mechanisms
Description:
The purpose of this paper is to review theories and evidence regarding the effects of (performance-contingent)
monetary incentives on individual effort and task performance. We provide a framework for understandingthese
effects in numerous contexts of interest to accountingresearchers and focus particularly on how salient features of
accounting settings may affect the incentives-effort and effort-performance relations. Our compilation and integration
of theories and evidence across a wide variety of disciplines reveals significant implications for accounting research and
practice. Based on the framework, theories, and prior evidence, we develop and discuss numerous directions for future
research in accountingthat could provide important insights into the efficacy of monetary reward systems



 

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