The Effects of Compensation System Quality on Compensation System Satisfaction and Work Efforts

Shin, Sung-Wook

doi:10.5392/jkca.2009.9.9.313

Cited by 3 publications

(2 citation statements)

References 10 publications

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“…Huselid (1995) claims that high performance work practice systems reduce employee turnover, enhance productivity, and improve corporate performance. Shin (2009) examines the impact of employee compensation system quality on their effort input. He argues that if the compensation system is transparent, has distribution and procedural fairness, and if employees are more likely to control the compensation system, then the employees are satisfied with the compensation system, and as a result, the employees put a lot of effort into their work.…”

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

Corporate governance and agency problems

Hong

2019

IJEBR

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This study investigates the role of corporate governance in the relationship between the average employee length of service and firm value. Hong (2016) argues that firm value decreases as the average employee length of service increases. By expanding Hong's (2016) study, this study analyses the role of corporate governance using the KCGS evaluation scores. The results show that corporate governance mitigates the negative effect of the average employee length of service on firm value. This research contributes to the literature by verifying that corporate governance plays an important role in the agency problem regarding the employees and, therefore, takes a step forward from those of earlier studies which have clarified the role of corporate governance in the agency problem about the managers.

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Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

Corporate governance and agency problems

Hong

2019

IJEBR

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“…If they identify inequities in the input or output ratios of themselves and their reference group, they will seek to alter their input to reach their perceived equity [12][13][14]. Equity theory demonstrates that employees are concerned not only with the total compensation package they get, but how this compares with what others who are in a similar position receive.…”

Section: Compensation and Perceived Equitymentioning

confidence: 99%