TY - JOUR
T1 - Reframing executive compensation
T2 - An assessment and outlook
AU - Gomez-Mejia, Luis
AU - Wiseman, Robert M.
N1 - Funding Information:
Acknowledgment: J.R. Gomez-Mejiaw ishest o thank de Ministry of Spain (SAB95-0129D GlYT) for the partialf undingo f this researcha, nd the project SEC 96-0637o f CICY (Spain).
PY - 1997
Y1 - 1997
N2 - This article develops and applies a new framework for understanding and interpreting the breadth of executive compensation research and theory. This framework sorts the literature along three dimensions that reflect three basic issues in compensation design: how to pay (specifying the mechanism for linking pay criteria to pay consequences), when to pay (specifying the criteria for awarding pay), and what to pay (form of pay consequence). This framework helps to highlight areas where executive compensation research has stalled, areas it has ignored, as well as providing direction for re-energizing the field by outlining questions for future research and theory building.
AB - This article develops and applies a new framework for understanding and interpreting the breadth of executive compensation research and theory. This framework sorts the literature along three dimensions that reflect three basic issues in compensation design: how to pay (specifying the mechanism for linking pay criteria to pay consequences), when to pay (specifying the criteria for awarding pay), and what to pay (form of pay consequence). This framework helps to highlight areas where executive compensation research has stalled, areas it has ignored, as well as providing direction for re-energizing the field by outlining questions for future research and theory building.
UR - http://www.scopus.com/inward/record.url?scp=0031498121&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=0031498121&partnerID=8YFLogxK
U2 - 10.1177/014920639702300304
DO - 10.1177/014920639702300304
M3 - Article
AN - SCOPUS:0031498121
SN - 0149-2063
VL - 23
SP - 291
EP - 374
JO - Journal of Management
JF - Journal of Management
IS - 3
ER -