Ownership and size as predictors of incentive plans within Swedish real estate firms
Abstract
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.
Keywords
Citation
Azasu, S. (2011), "Ownership and size as predictors of incentive plans within Swedish real estate firms", Property Management, Vol. 29 No. 5, pp. 454-467. https://doi.org/10.1108/02637471111178137
Publisher
:Emerald Group Publishing Limited
Copyright © 2011, Emerald Group Publishing Limited