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Author:Watson, R.
Title:The remuneration of non-owner managers in small and medium-sized UK enterprises
Journal:Journal of Management Studies
1994 : JUL, VOL. 31:4, p. 553-568
Index terms:UNITED KINGDOM
NATIONAL HEALTH SERVICE
SMALL BUSINESS
Language:eng
Abstract:Virtually all prior research on small and medium sized enterprise (SME) management has focused on owner managers. This article, however, empirically examines the determinants of managerial remuneration for a sample of 97 UK SME non-owning managerial employees. The empirical analysis, based upon data obtained from interviews with middle managers and the published financial records of their employing firms lodged at Companies House, first examines the influence of firm size and performance and then augments the empirical model to include pay composition, industrial sector, external labour market and human capital variables.
SCIMA record nr: 126820
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