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| Author: | Carpenter, M.A. Sanders, Wm.G. |
| Title: | The effects of top management team pay and firm internationalization on MNC performance |
| Journal: | Journal of Management
2004 : VOL. 30:4, p. 509-528 |
| Index terms: | Company performance Internationalization Management pay Multinational companies Top management Executives |
| Language: | eng |
| Abstract: | Relationships among top management team (TMT) compensation, a company's degree of internationalization (DOI) and its subsequent levels of market and accounting performance are examined. Consistent with the authors' contingency view of information-processing theory, they find that non-CEO total pay and the use of long-term incentive pay are positively associated with subsequent performance, whereas the CEO-TMT total pay gap has negative effects on company performance. |
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