Abstract
After reviewing the literature surrounding the link between executive compensation and innovation activities of North American firms, we examine two gaps in the area. First, we analyze how contextual factors can affect CEO pay in high-technology companies. In particular, we study three contextual dimensions: political, economic, and social. Second, we consider the specific case of executive compensation in high-technology firms when family ties are present at the helm. Drawing on agency rationale and previous research, we develop a series of instrumental propositions intended to provide the theoretical basis for a future research agenda in the area.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 1534-1552 |
| Number of pages | 19 |
| Journal | International Journal of Human Resource Management |
| Volume | 19 |
| Issue number | 8 |
| DOIs | |
| State | Published - Sep 2 2008 |
Keywords
- Agency theory
- Executive compensation
- Family firms
- Global factors
- Innovation
ASJC Scopus subject areas
- Strategy and Management
- Organizational Behavior and Human Resource Management
- Management of Technology and Innovation
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Cite this
Berrone, P., Makri, M., & Gomez-Mejia, L. (2008). Executive compensation in North American high-technology firms: A contextual approach. International Journal of Human Resource Management, 19(8), 1534-1552. https://doi.org/10.1080/09585190802200314