The role of risk sharing and risk taking under gainsharing

Luis Gomez-Mejia, Theresa M. Welbourne, Robert M. Wiseman

Research output: Contribution to journalArticle

78 Citations (Scopus)

Abstract

Despite considerable practitioner interest in gainsharing compensation programs, understanding how gainsharing works and, thus, how to improve it in practice is hampered by a lack of a theoretical foundation upon which to build empirically testable models. We use a risk-sharing framework to develop a model of gainsharing that we hope will provide this missing theoretical foundation. In our model we develop propositions that highlight the differences between group-wide and individual incentive arrangements and that establish boundary conditions for a theory of gainsharing.

Original languageEnglish (US)
Pages (from-to)492-507
Number of pages16
JournalAcademy of Management Review
Volume25
Issue number3
StatePublished - Jul 2000

Fingerprint

Boundary conditions
Risk taking
Risk sharing
Incentives
Compensation and Redress

ASJC Scopus subject areas

  • Business, Management and Accounting(all)
  • Management of Technology and Innovation
  • Strategy and Management

Cite this

The role of risk sharing and risk taking under gainsharing. / Gomez-Mejia, Luis; Welbourne, Theresa M.; Wiseman, Robert M.

In: Academy of Management Review, Vol. 25, No. 3, 07.2000, p. 492-507.

Research output: Contribution to journalArticle

Gomez-Mejia, L, Welbourne, TM & Wiseman, RM 2000, 'The role of risk sharing and risk taking under gainsharing', Academy of Management Review, vol. 25, no. 3, pp. 492-507.
Gomez-Mejia, Luis ; Welbourne, Theresa M. ; Wiseman, Robert M. / The role of risk sharing and risk taking under gainsharing. In: Academy of Management Review. 2000 ; Vol. 25, No. 3. pp. 492-507.
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