J.B. Wade
Micro-level opportunity structures as determinants of non-CEO executive pay
Wade, J.B.; Carpenter, M.A.
Authors
M.A. Carpenter
Abstract
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.
Citation
Wade, J., & Carpenter, M. (2002). Micro-level opportunity structures as determinants of non-CEO executive pay. Academy of Management Journal, 45(6), 1085-1103. https://doi.org/10.2307/3069426
Journal Article Type | Article |
---|---|
Publication Date | Dec 1, 2002 |
Deposit Date | Aug 27, 2008 |
Publicly Available Date | Mar 28, 2024 |
Journal | Academy of Management Journal |
Print ISSN | 0001-4273 |
Publisher | Academy of Management |
Peer Reviewed | Peer Reviewed |
Volume | 45 |
Issue | 6 |
Pages | 1085-1103 |
DOI | https://doi.org/10.2307/3069426 |
Public URL | https://durham-repository.worktribe.com/output/1540944 |
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Publisher Licence URL
http://creativecommons.org/licenses/by-nc-nd/4.0/
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