The effects of top management team pay and firm internationalization on MNC performance

被引：207

作者：

Carpenter, MA

Sanders, WG

机构：

[1] Univ Wisconsin, Sch Business, Madison, WI 53706 USA

[2] Brigham Young Univ, Marriott Sch, Provo, UT 84602 USA

来源：

JOURNAL OF MANAGEMENT | 2004年 / 30卷 / 04期

关键词：

D O I：

10.1016/j.jm.2004.02.001

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We examine relationships among top management team (TMT) compensation, a firm's degree of internationalization (DOI), and its subsequent levels of market accounting performance. Consistent with our contingency view of information-processing theory, we find that non-CEO total pay, and the use of long-term incentive pay are positively, associated with subsequent performance, whereas the CEO-TMT total pay gap has negative on firm performance. CEO pay has no relationship with performance and TMT pay effects are much stronger in MNCs with high DOI. (C) 2004 Elsevier Inc. All rights reserved.

引用

页码：509 / 528

页数：20

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