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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.
SCIMA record nr: 245536
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