Title :
A preliminary study on the method of performance measurement for staff based on principal-agent model
Author :
Hongyan, Lin ; Xuejiao, Li
Author_Institution :
Dept. of Electron. & Manage., North China Electr. Power Univ., China
Abstract :
Through establishing the multi-duty principal-agent model, this article has analyzed the influences to firm performance by different performance incentive, and research the relevance between the different performance index. Furthermore, this model quantitative analysis the quantitative relations which influence the firm performance index. According the model, it can confirm the pay contract and can soundly direct how to effectively weight the performance of the staff.
Keywords :
contracts; incentive schemes; personnel; firm performance; multi-duty principal-agent model; pay contract; performance incentive; staff performance measurement; cost function; multi-task principle-agent model; performance appraisal;
Conference_Titel :
Future Information Technology and Management Engineering (FITME), 2010 International Conference on
Conference_Location :
Changzhou
Print_ISBN :
978-1-4244-9087-5
DOI :
10.1109/FITME.2010.5655681
