We use cookies to ensure that we give you the best experience on our website. By continuing to browse this repository, you give consent for essential cookies to be used. You can read more about our Privacy and Cookie Policy.

Durham Research Online
You are in:

Micro-level opportunity structures as determinants of non-CEO executive pay.

Wade, J. B. and Carpenter, M. A. (2002) 'Micro-level opportunity structures as determinants of non-CEO executive pay.', Academy of management journal., 45 (6). pp. 1085-1103.


We develop a theory wherein the pay of non-CEO executives can be explained by micro-level opportunity structures--the intersection of functional position, CEO background, human capital, and firm strategic resource allocation decisions. Our theory suggests a positive association between pay and a position made visible by resource allocation decisions, a functional background similar to that of the CEO, and a position that helps the firm manage strategic resource allocations. A unique longitudinal data set that combines survey and archival data on the four highest echelons of senior executives in large U.S. firms provided support for this multilevel framework.

Item Type:Article
Full text:(VoR) Version of Record
Available under License - Creative Commons Attribution Non-commercial No Derivatives.
Download PDF
Publisher Web site:
Record Created:27 Aug 2008
Last Modified:30 Nov 2017 16:03

Social bookmarking: del.icio.usConnoteaBibSonomyCiteULikeFacebookTwitterExport: EndNote, Zotero | BibTex
Look up in GoogleScholar | Find in a UK Library