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作者：Boyd, BK; Salamin, A
作者单位：University of Lausanne; Arizona State University; Arizona State University-Tempe; Firmenich
摘要：A limited number of studies have addressed the idea of 'strategic' reward systems-the matching of compensation systems to a firm's strategy. Prior research on this topic has been confined to U.S. firms, however, and a number of key questions remain unanswered. Using a sample of 917 employees from two large Swiss financial institutions, we found that pay systems are linked with divisional strategic orientation, but in a different form than prior studies. Additionally, we identify hierarchical p...
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作者：Chang, SJ; Rosenzweig, PM
作者单位：International Institute for Management Development (IMD); Korea University
摘要：Relatively few studies have examined the importance of an entry's sequential position to the choice of foreign entry mode. We use a dynamic model to analyze sequential entries into the United States from 1975 to 1992. Our findings show that several independent variables which explain a firm's initial mode of entry do not explain the modes of subsequent entries. These findings underscore the importance of experience in foreign investment, as companies learn from early entries and adapt the mode...
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作者：Conyon, MJ; Peck, SI; Sadler, GV
作者单位：University of Pennsylvania; City St Georges, University of London; University of Warwick
摘要：This study tests the implications of tournament theory using data on 100 U.K. stock market companies, covering over 500 individual executives, in the late 1990s. Our results provide some evidence consistent with the operation of tournament mechanisms within the U.K. business context. Firstly, we find a convex relationship between executive pay and organizational level and secondly, that the gap between CEO pay and other board executives (i.e., tournament prize) is positively; related to the nu...
