CEO compensation in relation to worker compensation across countries: The configurational impact of country-level institutions
被引:225
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作者:
Greckhamer, Thomas
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机构:
Louisiana State Univ, EJ Ourso Coll Business, Rucks Dept Management, Baton Rouge, LA 70803 USALouisiana State Univ, EJ Ourso Coll Business, Rucks Dept Management, Baton Rouge, LA 70803 USA
Greckhamer, Thomas
[1
]
机构:
[1] Louisiana State Univ, EJ Ourso Coll Business, Rucks Dept Management, Baton Rouge, LA 70803 USA
CEO compensation;
pay dispersion;
configurational;
fuzzy set Qualitative Comparative Analysis (fsQCA);
cross-national;
CHIEF EXECUTIVE-COMPENSATION;
FOREIGN DIRECT-INVESTMENT;
INCOME INEQUALITY;
CORPORATE GOVERNANCE;
OWNERSHIP STRUCTURE;
FIRM PERFORMANCE;
WAGE INEQUALITY;
ECONOMIC-GROWTH;
PAY DISPERSION;
TOP-MANAGEMENT;
D O I:
10.1002/smj.2370
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
Executive compensation and its relation to that of rank and file employees are vital areas of strategy research. This study contributes to our understanding of cross-national differences in executive compensation by exploring how key formal and informal country-level institutions of social power structures combine to shape CEO and worker compensation across countries as well as the resulting pay dispersion. Analyzing data spanning 54 countries using the configurational approach fuzzy set Qualitative Comparative Analysis (fsQCA), the study also explores the causal asymmetry underlying compensation outcomes by investigating institutional configurations linked to high CEO compensation, high worker pay, and high pay dispersion and those configurations linked to the absence of these outcomes. The article concludes by discussing the study's implications for theory and research on executive compensation. Copyright (c) 2015 John Wiley & Sons, Ltd.
机构:
College of Business, University of Wyoming, 1000 E. University Ave., Laramie, 82071, WYCollege of Business, University of Wyoming, 1000 E. University Ave., Laramie, 82071, WY
Lewellyn K.B.
Muller-Kahle M.I.
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The Pennsylvania State University, York, 1031 Edgecomb Ave., York, 17403-3326, PACollege of Business, University of Wyoming, 1000 E. University Ave., Laramie, 82071, WY
机构:
Univ Western Australia, Polit Sci & Int Relat, 35 Stirling Highway, Crawley, WA 6009, Australia
Telethon Kids Inst, Wesfarmers Ctr Vaccines & Infect Dis, Nedlands, WA, AustraliaUniv Western Australia, Polit Sci & Int Relat, 35 Stirling Highway, Crawley, WA 6009, Australia
Attwell, Katie
Drislane, Shevaun
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Univ Western Australia, Polit Sci & Int Relat, 35 Stirling Highway, Crawley, WA 6009, AustraliaUniv Western Australia, Polit Sci & Int Relat, 35 Stirling Highway, Crawley, WA 6009, Australia
Drislane, Shevaun
Leask, Julie
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Univ Sydney, Fac Med & Hlth, Susan Wakil Sch Nursing & Midwifery, MPH, Sydney, NSW, AustraliaUniv Western Australia, Polit Sci & Int Relat, 35 Stirling Highway, Crawley, WA 6009, Australia
机构:
CHA Univ, Coll Pharm, Pochon, South KoreaCHA Univ, Coll Pharm, Pochon, South Korea
Lee, Youngmi
Park, Junseok
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CHA Univ, Coll Pharm, Pochon, South KoreaCHA Univ, Coll Pharm, Pochon, South Korea
Park, Junseok
Min, Myeungki
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CHA Univ, Coll Pharm, Pochon, South KoreaCHA Univ, Coll Pharm, Pochon, South Korea
Min, Myeungki
Lee, Youjin
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机构:
CHA Univ, Coll Pharm, Pochon, South KoreaCHA Univ, Coll Pharm, Pochon, South Korea
Lee, Youjin
Yu, Youngun
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CHA Univ, Coll Pharm, Pochon, South KoreaCHA Univ, Coll Pharm, Pochon, South Korea
Yu, Youngun
Shim, Mi Kyoung
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CHA Univ, Coll Pharm, Pochon, South KoreaCHA Univ, Coll Pharm, Pochon, South Korea
Shim, Mi Kyoung
Kim, Myeong Gyu
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机构:
Ewha Womans Univ, Coll Pharm, Seoul, South Korea
Ewha Womans Univ, Grad Sch Pharmaceut Sci, Seoul, South KoreaCHA Univ, Coll Pharm, Pochon, South Korea
机构:
Mt St Vincent Univ, Global Aging & Community Initiat, Dept Family Studies & Gerontol, Halifax, NS, Canada
Mt St Vincent Univ, Dept Family Studies & Gerontol, Halifax, NS, CanadaMt St Vincent Univ, Global Aging & Community Initiat, Dept Family Studies & Gerontol, Halifax, NS, Canada
Zimmer, Zachary
Fraser, Kathryn
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Mt St Vincent Univ, Global Aging & Community Initiat, Dept Family Studies & Gerontol, Halifax, NS, CanadaMt St Vincent Univ, Global Aging & Community Initiat, Dept Family Studies & Gerontol, Halifax, NS, Canada
Fraser, Kathryn
Grol-Prokopczyk, Hanna
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机构:
Univ Buffalo, Dept Sociol, Buffalo, NY USAMt St Vincent Univ, Global Aging & Community Initiat, Dept Family Studies & Gerontol, Halifax, NS, Canada
Grol-Prokopczyk, Hanna
Zajacova, Anna
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机构:
Univ Western Ontario, Dept Sociol, London, ON, CanadaMt St Vincent Univ, Global Aging & Community Initiat, Dept Family Studies & Gerontol, Halifax, NS, Canada