The impact of financial incentives on performance
When UNC Kenan-Flagler Assistant Professor of Finance Christopher A. Parsons was pursuing his Ph.D. in 2007, he discovered that he and his Ph.D. advisor, Jay Hartzell, had something in common: their fathers were both ministers. As they discussed this further, Parsons learned that Hartzell’s dad, a Methodist minister, earned considerably less than his own father, a Baptist minister.
[This article has been reproduced with permission from research from the UNC Kenan-Flagler Business School: http://www.kenan-flagler.unc.edu/]