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Journal of Corporate Finance Vol. 7 No. 4 2001

Changing incentives in a multitask environment: evidence from a top-tier business school

James A. Brickley; Jerold L. Zimmerman

University of Rochester

Abstract

This study focuses on changes in incentives at the William E. Simon Graduate School of Business Administration in the early 1990s to redirect effort from academic research to classroom teaching. We find a substantial and almost immediate jump in teaching ratings following the changes in incentives. Longer-run learning and turnover effects are present. Evidence also suggests that research output fell. This case illustrates the power of organizational incentives to redirect effort in a multitask environment, even in the presence of apparent human–capital constraints.

DOI
10.1016/s0929-1199(01)00026-8
Volume
7
Issue
4
Pages
367-396
Language
en
Sources
bibtex:phds-export.bib openalex crossref

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