Executive compensation in North American high-technology firms: A contextual approach

Pascual Berrone, Marianna Makri, Luis Gomez-Mejia

Research output: Contribution to journalReview article

16 Scopus citations

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 languageEnglish (US)
Pages (from-to)1534-1552
Number of pages19
JournalInternational Journal of Human Resource Management
Volume19
Issue number8
DOIs
StatePublished - 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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