CEOs’ International Work Experience and Compensation

نویسندگان

چکیده

Abstract In this paper, we study the effect a CEO’s international work experience has on his or her compensation. By combining human capital theory with resource dependence and resource-based perspective, argue that translates into higher pay. We also suggest comprises several dimensions affect CEO compensation: duration, timing breadth of stays abroad. With data from Europe’s largest stock market firms, provide evidence longer experiences more numerous they are, While, based our theoretical arguments, expect to find later pay off for CEOs, empirical analysis shows earlier are particularly valuable in terms addition, support argument maturity allows take advantage skills, knowledge competencies obtained via experience—and receive payoff. study, improve understanding how different facets background shape executive remuneration.

برای دانلود باید عضویت طلایی داشته باشید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Overpaid CEOs and Underpaid Managers: Fairness and Executive Compensation

In this study we propose that norms of fairness are salient to top decision makers and show that overor underpayment of the CEO cascades down to lower organizational levels. Moreover, it appears that CEOs use their own power not only to increase their own salaries, but also those of their subordinates. One implication of such a process may be that the overpayment of a top executive has higher c...

متن کامل

Bank Ceos , inside Debt Compensation , and the Global Financial Crisis

Bank executives’ compensation has been widely identified as a culprit in the Global Financial Crisis, and reform of banker pay is high on the public policy agenda. While Congress targeted its reforms primarily at bankers’ equity-based pay incentives, empirical research fails to show any correlation between bank CEO equity incentives and bank performance in the Financial Crisis. We offer an alte...

متن کامل

How do CEOs matter? The moderating effects of CEO compensation and tenure on equity ownership in international joint ventures

a College of Business Administration, University of Texas-Pan American, 1201 W. University Dr., Edinburg, TX 78539, United States b School of Business, University of Wisconsin-Milwaukee, 3202 N. Maryland Ave., Milwaukee, WI 53201, United States c Neeley School of Business, Texas Christian University, TCU Box 298530, Fort Worth, TX 76129, United States d Luiss Guido Carli University, Department ...

متن کامل

International Compensation Costs

Elizabeth Zamora and Jacob Kirchmer Lower wages in foreign markets and the rise in outsourcing by U.S. companies have become important topics in the debate on U.S. competitiveness. Though discussion of these issues tends to evoke images of the quickly growing information technology sector and of other service sectors especially vulnerable to outsourcing, debate has also focused on the impact of...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

ژورنال

عنوان ژورنال: Management International Review

سال: 2021

ISSN: ['1861-8901', '0938-8249']

DOI: https://doi.org/10.1007/s11575-021-00444-z