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Ownership and Size as Predictors of Incentive Plans within Swedish Real Estate Firms
KTH, School of Architecture and the Built Environment (ABE), Real Estate and Construction Management, Building and Real Estate Economics.
2011 (English)In: Property Management, ISSN 0263-7472, E-ISSN 1758-731X, Vol. 29, no 5, 454-467 p.Article in journal (Refereed) Published
Abstract [en]

Purpose: This paper seeks to investigate the significance of ownership and firm size as predictors of the prevalence of incentive plans in Swedish real estate firms. Design/methodology/approach: Using survey data for two periods (2003 and 2007), a two-predictor logistic model was fitted to the data to test the relationship between ownership and firm size and the likelihood that a Swedish real estate firm has an incentive plan. Findings: Private sector firms are more likely than government sector firms to use incentive plans. The number of employees was not a significant predictor of which firms were likely to have incentive pay. Research limitations/implications: There are other determinants of incentive pay that were not covered. Practical implications: The absence of incentive pay does not necessarily hamper a firm's ability to attract high-quality workers if they take a broader view of the concept of reward. In addition, public sector workers may be motivated by factors other than monetary reward. Originality/value: This is the first study of the determinants of incentive plans for real estate firms in Sweden.

Place, publisher, year, edition, pages
2011. Vol. 29, no 5, 454-467 p.
Keyword [en]
performance-related pay, incentive plans, ownership, firm size, real estate, Sweden
National Category
Social Sciences
Identifiers
URN: urn:nbn:se:kth:diva-29773Scopus ID: 2-s2.0-80054840929OAI: oai:DiVA.org:kth-29773DiVA: diva2:397575
Note

Updated from submitted to published. QC 20120326

Available from: 2011-02-15 Created: 2011-02-15 Last updated: 2017-12-11Bibliographically approved
In thesis
1. Reward Management in Swedish Real Estate Firms: Five essays
Open this publication in new window or tab >>Reward Management in Swedish Real Estate Firms: Five essays
2011 (English)Doctoral thesis, comprehensive summary (Other academic)
Place, publisher, year, edition, pages
Stockholm: KTH Royal Institute of Technology, 2011. 45 p.
Keyword
reward management, real estate
National Category
Business Administration
Identifiers
urn:nbn:se:kth:diva-29752 (URN)978-91-978692-3-2 (ISBN)
Public defence
2011-02-23, F3, Lindstedtsvägen 26, KTH, Stockholm, 15:00 (English)
Opponent
Supervisors
Note
QC 20110215Available from: 2011-02-15 Created: 2011-02-14 Last updated: 2011-02-15Bibliographically approved

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CiteExportLink to record
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Citation style
  • apa
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Output format
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