CEO charisma, compensation, and firm performance

被引：128
|
作者：
Tosi, HL [1 ]
Misangyi, VF
Fanelli, A
Waldman, DA
Yammarino, FJ
机构：
[1] Univ Florida, Warrington Coll Businss Adm, Dept Management, Gainesville, FL 32611 USA
[2] SDA Bocconi, Milan, Italy
[3] Univ Delaware, Newark, DE 19716 USA
[4] HEC Sch Management, F-78351 Paris, France
[5] Arizona State Univ W, Phoenix, AZ 85609 USA
[6] SUNY Binghamton, Binghamton, NY USA
来源：
LEADERSHIP QUARTERLY | 2004年 / 15卷 / 03期
关键词：
CEO perceived charisma; firm performance; CEO compensation packages; crisis and uncertain conditions;
D O I：
10.1016/j.leaqua.2004.02.010
中图分类号：
B849 [应用心理学];
学科分类号：
040203 ;
摘要：
We examined the relationships among CEO perceived charisma, CEO compensation packages, and firm performance in a sample of Fortune 500 companies over a 10-year period. CEO charisma ratings obtained from company CFOs and VPs for HRM were directly related to total CEO pay but not to any firm performance measures. CEO perceived charisma also was related to shareholder value, under highly uncertain conditions. In essence, charismatic CEOs seem able to influence their compensation packages and stock prices but not other indicators of firm performance. Implications for future charismatic leadership research and CEO compensation-firm performance work are discussed. (C) 2004 Elsevier Inc. All rights reserved.
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页码：405 / 420
页数：16
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