Efectos de la dispersión retributiva en los resultados de las empresas cotizadas Epañolas: Evidencia sobre el modelo del torneo

Artikel

Literature has tried to report whether high compensation differences between executives are linked to better firm performance. This study, based on tournament theory arguments, has attempted to provide new evidences in this line of research, using a sample of 120 Spanish listed firms. Results, taking into account convex shape in the dispersion-performance relationships reported by Brown et al. (2003) and the characteristics of executive job -high hierarchy level, moderate interdependence, and high complexity-, indicate a positive, although moderated, relationships between executive pay dispersion and firm performance.

Object Details

• Language: Spanisch

References and Relationships

• Bibliographic citation: Journal: Investigaciones Europeas de Dirección y Economía de la Empresa (IEDEE) ; ISSN: 1135-2523 ; Volume: 16 ; Year: 2010 ; Issue: 3 ; Pages: 69-84 ; Amsterdam: Elsevier

Classification and Topics

• Classification: Wirtschaft ; Personnel Economics: Compensation and Compensation Methods and Their Effects
• Subject: executive pay dispersion ; tournament theory ; firm performance ; moderating factors

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Sánchez Marín, G.
• Event: Veröffentlichung
• (who): Elsevier
• (where): Amsterdam
• (when): 2010

Further information

• DOI: doi:10.1016/S1135-2523(12)60035-5
• Handle: http://hdl.handle.net/10419/54507
• Last update: 10.03.2025, 11:42 AM CET