IDEAS/RePEc search
IDEAS search now includes synonyms. If you feel that some synonyms are missing, you are welcome to suggest them for inclusion
- Philippe Bertrand & Jean-Luc Prigent (2022): Performance Participation Strategies: OBPP versus CPPP
The goal of this paper is to provide and examine an important extension of the usual portfolio insurance, namely to study the notion of portfolio performance participation. ... The two main performance participation methods are the Option-Based Performance Participation (OBPP) and the Constant Proportion Performance Participation (CPPP).
RePEc:cai:finpug:fina_431_0123 Save to MyIDEAS - Philippe Bertrand & Jean-Luc Prigent (2022): Performance Participation Strategies: OBPP versus CPPP
The goal of this paper is to provide and examine an important extension of the usual portfolio insurance, namely to study the notion of portfolio performance participation. ... The two main performance participation methods are the Option-Based Performance Participation (OBPP) and the Constant Proportion Performance Participation (CPPP).
RePEc:hal:journl:hal-03672691 Save to MyIDEAS - Zagst, Rudi & Kraus, Julia & Bertrand, Philippe (2019): Option-Based performance participation
The purpose of this article is to introduce and analyze the option-based performance participation (OBPP) as performance participation method based on a portfolio consisting of two risky assets. By generalizing the provided guarantee to a participation in the performance of a second risky underlying, this new kind of strategies allows to cope with well-known problems associated with standard portfolio insurance methods, especially in times of low or even negative interest rates. ... Furthermore, we show how an OBBP can be designed so that it stochastically dominates a given OBPI (with a given probability) while retaining the potential for a participation in rising markets via a so-called reserve asset.
RePEc:eee:jbfina:v:105:y:2019:i:c:p:44-61 Save to MyIDEAS - Julia Kraus & Philippe Bertrand & Rudi Zagst (2013): Theory of Performance Participation Strategies
The purpose of this article is to introduce, analyze and compare two performance participation methods based on a portfolio consisting of two risky assets: Option-Based Performance Participation (OBPP) and Constant Proportion Performance Participation (CPPP). By generalizing the provided guarantee to a participation in the performance of a second risky underlying, the new strategies allow to cope with well-known problems associated with standard portfolio insurance methods, like e.g. the CPPI cash lock-in. ... General analytical expressions for all moments of both performance participation strategies as well as standard OBPI and CPPI are derived.
RePEc:arx:papers:1302.5339 Save to MyIDEAS - Rudi Zagst & Julia Kraus & Philippe Bertrand (2019): Option-Based performance participation
The purpose of this article is to introduce and analyze the option-based performance participation (OBPP) as performance participation method based on a portfolio consisting of two risky assets. By generalizing the provided guarantee to a participation in the performance of a second risky underlying, this new kind of strategies allows to cope with well-known problems associated with standard portfolio insurance methods, especially in times of low or even negative interest rates. ... Furthermore, we show how an OBBP can be designed so that it stochastically dominates a given OBPI (with a given probability) while retaining the potential for a participation in rising markets via a so-called reserve asset.
RePEc:hal:journl:hal-02142054 Save to MyIDEAS - Gerhart, B. & Milkovich, G.T. & Murray, B. (1992): Pay, Performance, & Participation
No abstract is available for this item.
RePEc:fth:corirl:92-28 Save to MyIDEAS - Christoph Michels & Chris Steyaert & Julia Nentwich & Patrizia Hoyer (2016): Performing participation: reassembling a new museum
Contributions include empirically rich discussions of both traditional and widely studied topics such as resistance to change, inclusion and exclusion, participation, multi-stakeholder collaboration and diversity management, as well as newer research areas such as language negotiations, work time arrangements, technology development and change as intervention.
RePEc:elg:eechap:14671_4 Save to MyIDEAS - Manghnani,Ruchita & Meyer,Birgit Elisabeth & Saez,Juan Sebastian & Van Der Marel,Erik Leendert (2021): Firm Performance, Participation in Global Value Chains and Service Inputs : Evidence from India
This paper explores the relationship between the use of service inputs, participation in globalvalue chains, and firm productivity. ... Both the type of service inputs used (composition of services) and the origin ofservices (whether sourced domestically or from abroad) matter for firm performance.
RePEc:wbk:wbrwps:9814 Save to MyIDEAS - ELENA PELLIZZONI & TOMMASO BUGANZA & GABRIELE COLOMBO (2015): Motivation Orientations In Innovation Contests: Why People Participate
The purpose of this paper was to examine which motivation orientations explain such participation and the quality of the ideas submitted. Drawing on motivation theories, this paper discusses the links between intrinsic and extrinsic motivation and problem-solver participation as well as solution quality. Our findings suggest that different levels of participation are driven by different motivation orientations. Low performers participated in contests based on a rational understanding of the extrinsic benefits and perceived effort required, as did non-participants. However, such extrinsic reasoning is insufficient for high-performer motivation; high performers participate in the task due to its intrinsic value.
RePEc:wsi:ijimxx:v:19:y:2015:i:04:n:s1363919615500334 Save to MyIDEAS - Philip Mellizo & Jeffrey Carpenter & Peter Hans Matthews (2017): Ceding control: an experimental analysis of participatory management
We use an experiment to evaluate the effects of participatory management on firm performance. Participants are randomly assigned roles as managers or workers in firms that generate output via real effort. To identify the causal effect of participation on effort, workers are exogenously assigned to one of the two treatments: one in which the manager implements a compensation scheme unilaterally or another in which the manager cedes control over compensation to the workers who vote to implement a scheme.
RePEc:spr:jesaex:v:3:y:2017:i:1:d:10.1007_s40881-017-0034-1 Save to MyIDEAS