TITLE

MANAGERIAL CONTROL, PERFORMANCE, AND EXECUTIVE COMPENSATION

AUTHOR(S)
Gomez-Mejia, Luis R.; Tosi, Henry; Hinkin, Timothy
PUB. DATE
March 1987
SOURCE
Academy of Management Journal;Mar1987, Vol. 30 Issue 1, p51
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
Using a sample of 71 very large manufacturers, this study demonstrated that executives in externally controlled firms receive more compensation for performance and less for scale of operation than their counterparts in firms without dominant stockholders. This finding held true for both compensation level and its rate of change over time. Our main conclusion is that outside dominant stockholders view firms primarily as investments and have the power and the incentive to align the compensation of hired CEOs with performance of firms.
ACCESSION #
4324174

 

Related Articles

  • ¿Sabes cuanto gana realmente un directivo?  // Capital Humano;Jan2009, Vol. 22 Issue 228, p139 

    The article discusses executive pay in Spain. It explains that executive compensation depends on many factors, including the size of the workforce, company sales turnover, and the age and experience of the executive. Executives in Spain earn an annual salary of up to 300,000 euros, not including...

  • Cap on fund manager bonuses moves closer after Euro vote. Jackson, Gary // Money Marketing (Online Edition);3/28/2013, p84 

    The article reports on an agreement by European Parliament's economic and monetary affairs committee regarding the restriction of managers' bonuses to 100 per cent of basic salary. According to Green MEP Sven Giegold, a level playing field following the cap on bankers' bonuses will be created....

  • The Last Word.  // HR Weekly;10/27/2014, Vol. 2 Issue 43, p8 

    The article offers information on the benefits of the employers and the increase minimum wage of the executives.

  • Executive pay here climbed again in 2007. Read, Paul // Journal of Business (10756124);7/10/2008, Vol. 23 Issue 15, pA1 

    The article reports on the salary increase of executives in the business industry in Spokane County, Washington. An analysis of executive pay shows that top executives receive a 12.2 percent increase in total direct compensation to an average of around $757,000. The study further reveals...

  • In brief.  // Employee Benefits;Feb2007, p12 

    The article offers news briefs in Great Britain. A research conducted by AA Business Services showed that the company car drivers may be putting themselves in danger when they break down on a motorway. Another study revealed that managers receive a salary increase of 4.4 percent in basic pay....

  • Managers pay rises and forecasts.  // Management Services;Jun87, Vol. 31 Issue 6, p25 

    This article presents information on the rise in British managers' pay. Managers' basic pay levels rose 6.3 percent in the year to February 1987 according to the latest R£WARD management report out at the end of March. The information is based on input from over 700 companies throughout Great...

  • Managers Pay Increases -- Up 7.1 Percent.  // Management Services;Nov87, Vol. 31 Issue 11, p29 

    This article focuses on the increase in salary of managers in England in 1987. It is reported that the basic pay increase for managers had been 7.1 percent but due to increased bonus payments, their total earnings were up by 7.6 percent. This was above the predicted increase of 6.3 percent made...

  • Survey: Salaries, job confidence up, total compensation drops. Johnson, Jim // Plastics News;6/15/2015, Vol. 27 Issue 14, p0026 

    The article presents the findings of the 2015 Plastics Salary and Trends Survey conducted by Franklin, Tennessee-based recruiting firm Gros Executive Recruiters. The firm finds that the plastics industry employees were given salary increases, but total cash compensation, including incentives...

  • Clampdown on reward for failure.  // People Management;5/19/2005, Vol. 11 Issue 10, p13 

    This article reports that F&C Asset Management is demanding a clampdown on rewards to executives. The firm is calling for directors to pay back bonuses if it is later proved that their company has not been performing well. It also stated that the remuneration committee should have the right to...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics