Formal Measures in Informal Management: Can a Balanced Scorecard Change a Culture?

We extend traditional agency theory by exploring the roles for formal measures when managerial behavior is not governed by rules, formulas, or contracts. Part I describes relational incentive contracts with informal weights on formal performance measures. More importantly, it also explores how forma...

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Bibliographic Details
Main Authors: Gibbons, Robert S. (Contributor), Kaplan, Robert S. (Author)
Other Authors: Sloan School of Management (Contributor)
Format: Article
Language:English
Published: American Economic Association, 2015-09-18T17:22:59Z.
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