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) |
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Pages (from-to) | 1534-1552 |
Number of pages | 19 |
Journal | International Journal of Human Resource Management |
Volume | 19 |
Issue number | 8 |
DOIs | |
State | Published - 2008 |
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Keywords
- Agency theory
- Executive compensation
- Family firms
- Global factors
- Innovation
ASJC Scopus subject areas
- Management of Technology and Innovation
- Strategy and Management
Cite this
Executive compensation in North American high-technology firms : A contextual approach. / Berrone, Pascual; Makri, Marianna; Gomez-Mejia, Luis.
In: International Journal of Human Resource Management, Vol. 19, No. 8, 2008, p. 1534-1552.Research output: Contribution to journal › Review article
}
TY - JOUR
T1 - Executive compensation in North American high-technology firms
T2 - A contextual approach
AU - Berrone, Pascual
AU - Makri, Marianna
AU - Gomez-Mejia, Luis
PY - 2008
Y1 - 2008
N2 - 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.
AB - 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.
KW - Agency theory
KW - Executive compensation
KW - Family firms
KW - Global factors
KW - Innovation
UR - http://www.scopus.com/inward/record.url?scp=50349094845&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=50349094845&partnerID=8YFLogxK
U2 - 10.1080/09585190802200314
DO - 10.1080/09585190802200314
M3 - Review article
AN - SCOPUS:50349094845
VL - 19
SP - 1534
EP - 1552
JO - International Journal of Human Resource Management
JF - International Journal of Human Resource Management
SN - 0958-5192
IS - 8
ER -