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Author:Pennings, J. M.
Title:Executive reward systems: a cross-national comparison
Journal:Journal of Management Studies
1993 : MAR, VOL. 30:2, p. 261-280
Index terms:
Freeterms:MANAGER, ENTLOHNUNG, USA, FRANKREICH,
NIEDERLANDE
Language:eng
Abstract:This article examines executive compensation in the United States, France, and the Netherlands. A brief review of executive compensation literature is conducted to expose its implicit value systems. Next, a qualitative study examines the interpretive schemas that executives express about the pay/performance relationship. In USA developed expectancy theory and agency theory serve as a benchmark. The results indicate that USA executives understand compensation in different terms from those employed by their European counterparts.
SCIMA record nr: 124081
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