2016 Fiscal Year Final Research Report
On the influence on corporate value by the labor circumstances of the employees
Project/Area Number |
26380479
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Research Category |
Grant-in-Aid for Scientific Research (C)
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Allocation Type | Multi-year Fund |
Section | 一般 |
Research Field |
Management
|
Research Institution | Meiji University |
Principal Investigator |
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Project Period (FY) |
2014-04-01 – 2017-03-31
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Keywords | 企業財務 / 企業経営 |
Outline of Final Research Achievements |
This study examined the contribution on the productivity of the companies by the intra-company wage differences as a measure of the performance-based wage systems and got some significant results and implications for management. Analyses on all industries implied that larger wage differences do not motivate employees of Japanese companies. Analyses by nonlinear models to confirm the existence of the optimal wage differences implied the existence of the optimal wage differences in a few industries, but aggregately worst wage differences are recognized. Because maximum wage differences are higher than optimal or worst wage differences, this result should be interpreted as the reconfirmation of the result by linear models. Concretely, effects by wage differences on the productivity decrease, as wage differences expand. This study assumes wage differences can be adjusted flexibly, but actually, range of wage differences that manager can adjust is not so wide.
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Free Research Field |
企業財務
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