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The Comparative Study of the Effect of Incentives and Punishments in the Corporation

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Part of the book series: Lecture Notes in Electrical Engineering ((LNEE,volume 111))

Abstract

The theory of incentives has been developing rapidly, becoming mature, and widely used in management, sociology, etc.. However, up to now, there is not a unified, generally accepted theoretical model. In this study, we designed two behavioral experiments—incentives one and punishments one to try to find out the difference of performance results between the motivated and punished. We get the results from these two behavioral experiments to develop the unified model of incentives and punishments as a commercial, contractual one by using the method of cost-benefit combined with the consideration of irrational, social, psychological factors, and try to put it into practice in the enterprise management. As a conclusion, basically, we prefer incentives to punishments for employees in the corporation.

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Correspondence to Guoqin Bu .

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© 2012 Springer-Verlag Berlin Heidelberg

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Bu, G. (2012). The Comparative Study of the Effect of Incentives and Punishments in the Corporation. In: Zhang, L., Zhang, C. (eds) Engineering Education and Management. Lecture Notes in Electrical Engineering, vol 111. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-24823-8_13

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  • DOI: https://doi.org/10.1007/978-3-642-24823-8_13

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-24822-1

  • Online ISBN: 978-3-642-24823-8

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