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Author: | Carpenter, M.A. Wade, J.B. |
Title: | Microlevel opportunity structures as determinants of non-CEO executive pay |
Journal: | Academy of Management Journal
2002 : DEC, VOL. 45:6, p. 1085-1103 |
Index terms: | Executives Pay Resource allocation |
Freeterms: | Opportunity structures |
Language: | eng |
Abstract: | The authors develop a theory wherein the pay of non-CEO executives can be explored by micro-level opportunity structures - the intersection of functional position, CEO background, human capital and firm strategic resource allocation decisions. The theory suggests a positive association between pay and a position made visible by resource allocation decisions, a functional background similar to that of the CEO, and a position that helps the firm manage strategic resource allocations. |
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