Top executive pay and firm performance
Autor: | Mark A. Wilson, Thomas I. Chacko, Ellen J. Mullen, Charles B. Shrader |
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Rok vydání: | 1992 |
Předmět: |
Executive compensation
ComputingMilieux_THECOMPUTINGPROFESSION Longitudinal data Scale (social sciences) Profitability index Operations management Demographic economics Industrial and organizational psychology Business and International Management Psychology General Business Management and Accounting General Psychology Applied Psychology |
Zdroj: | Journal of Business and Psychology. 6:495-501 |
ISSN: | 1573-353X 0889-3268 |
DOI: | 10.1007/bf01014180 |
Popis: | A study examining longitudinal data obtained from theDisclosure database for 390 large American firms yielded complex and unclear patterns of correlations between firm performance and executive pay. An examination of the data indicates that the relationship between firm performance and executive compensation may be nonlinear. Among performance measures, total assets was found to have the strongest association with executive pay. It was concluded that the scale of discretionary resources available to the firm better predicts executive pay than profitability or efficiency ratios. |
Databáze: | OpenAIRE |
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