Abstract
A model of the determinants of chief executive (CEO) compensation is presented and tested. Based on a sample from the leisure industry, the study finds that CEO pay has complex links to several factors: firm size, complexity, performance, CEO power, board vigilance, and the CEO's human capital. The study includes a separate examination of CEO salary and bonus, as well as a test of pay determination across McEachern's (1975) ownership categories.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 121-134 |
| Number of pages | 14 |
| Journal | Strategic Management Journal |
| Volume | 10 |
| Issue number | 2 |
| DOIs | |
| State | Published - 1989 |
All Science Journal Classification (ASJC) codes
- Business and International Management
- Strategy and Management