CEO compensation in relation to worker compensation across countries: The configurational impact of country-level institutions

被引：311
作者：
Greckhamer, Thomas [1 ]
机构：
[1] Louisiana State Univ, EJ Ourso Coll Business, Rucks Dept Management, Baton Rouge, LA 70803 USA
来源：
STRATEGIC MANAGEMENT JOURNAL | 2016年 / 37卷 / 04期
关键词：
CEO compensation; pay dispersion; configurational; fuzzy set Qualitative Comparative Analysis (fsQCA); cross-national; CHIEF EXECUTIVE-COMPENSATION; FOREIGN DIRECT-INVESTMENT; INCOME INEQUALITY; CORPORATE GOVERNANCE; OWNERSHIP STRUCTURE; FIRM PERFORMANCE; WAGE INEQUALITY; ECONOMIC-GROWTH; PAY DISPERSION; TOP-MANAGEMENT;
D O I：
10.1002/smj.2370
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Executive compensation and its relation to that of rank and file employees are vital areas of strategy research. This study contributes to our understanding of cross-national differences in executive compensation by exploring how key formal and informal country-level institutions of social power structures combine to shape CEO and worker compensation across countries as well as the resulting pay dispersion. Analyzing data spanning 54 countries using the configurational approach fuzzy set Qualitative Comparative Analysis (fsQCA), the study also explores the causal asymmetry underlying compensation outcomes by investigating institutional configurations linked to high CEO compensation, high worker pay, and high pay dispersion and those configurations linked to the absence of these outcomes. The article concludes by discussing the study's implications for theory and research on executive compensation. Copyright (c) 2015 John Wiley & Sons, Ltd.
引用
收藏
页码：793 / 815
页数：23
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