Incentives

In strategic management, incentives are usually considered as the factors that induce desired behaviours and/or performance of individuals, groups and organizations. It is believed that incentive conflicts between individuals and managers, managers and firm owners, and those between transaction partners are harmful to the long-term performance of organizations. Strategic management scholars have suggested many incentive designs that help to mitigate incentive conflicts, such as different compensation and governance structures. Research issues on incentives at the individual, group and organizational levels are discussed respectively