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政大典藏 > College of Commerce > Department of Money and Banking > Periodical Articles > Item 140.119/73948

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/73948

Title:	The effects of bonus systems on firm performance in Taiwan`s high-tech sector
Authors:	Shen, Chung-Hua;Han, Tzu-Shian 沈中華
Contributors:	金融系
Keywords:	Employee financial participation;Cash bonuses;Stock bonuses;Firm performance;Taiwan`s high-tech sector
Date:	2007
Issue Date:	2015-03-23 18:07:27 (UTC+8)
Abstract:	This research investigates the effects of cash and stock bonus systems in Taiwan`s high-tech sector on firm performance, as measured by sales and value-added. To test the robustness of the estimated results, two proxies for bonuses are adopted, namely the total value of bonuses per employee and bonus payments as a percentage of total payroll. This study adopts three production functions, including the Cobb–Douglas, Translog and CES functions, to estimate the performance effects of bonuses. Our results show that, to a great extent, the bonus systems have positive impacts on firm performance
Relation:	Journal of Comparative Economics, 35(1), 235-249
Data Type:	article
DOI link:	http://dx.doi.org/10.1016/j.jce.2006.09.002
DOI:	10.1016/j.jce.2006.09.002
Appears in Collections:	[Department of Money and Banking] Periodical Articles

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