Chief executive compensation: A synthesis and reconciliation
Sidney Finkelstein, Donald C. Hambrick
Chief executive (CEO) compensation is a potent instrument through which theorists can improve their understanding of organization substance and symbol. This paper reviews and integrates the literature on CEO compensation, focusing on both determinants and consequences of this complex, often controversial phenomenon. The central thesis is that CEO pay is at once both more and less 'sensible' than its critics and architects, respectively, contend. Comprehending CEO compensation, whether for purposes of description or prescription, requires the use of multiple perspectives—economic, political, social, and individual.
Strategic Management Journal
https://doi.org/10.1002/smj.4250090603
Business and International Management
10.1002/smj.4250090603
Dive into the research topics of 'Chief executive compensation: A synthesis and reconciliation'. Together they form a unique fingerprint.
Chief Executives Business & Economics 100%
CEO Compensation Business & Economics 94%
Reconciliation Business & Economics 89%
Executive Compensation Business & Economics 86%
CEO Pay Business & Economics 33%
Symbol Business & Economics 28%
Prescription Business & Economics 25%
Finkelstein, S., & Hambrick, D. C. (1988). Chief executive compensation: A synthesis and reconciliation. Strategic Management Journal, 9(6), 543-558. https://doi.org/10.1002/smj.4250090603
Finkelstein, Sidney ; Hambrick, Donald C. / Chief executive compensation : A synthesis and reconciliation. In: Strategic Management Journal. 1988 ; Vol. 9, No. 6. pp. 543-558.
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Finkelstein, S & Hambrick, DC 1988, 'Chief executive compensation: A synthesis and reconciliation', Strategic Management Journal, vol. 9, no. 6, pp. 543-558. https://doi.org/10.1002/smj.4250090603
Chief executive compensation : A synthesis and reconciliation. / Finkelstein, Sidney; Hambrick, Donald C.
In: Strategic Management Journal, Vol. 9, No. 6, 01.01.1988, p. 543-558.
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AB - Chief executive (CEO) compensation is a potent instrument through which theorists can improve their understanding of organization substance and symbol. This paper reviews and integrates the literature on CEO compensation, focusing on both determinants and consequences of this complex, often controversial phenomenon. The central thesis is that CEO pay is at once both more and less 'sensible' than its critics and architects, respectively, contend. Comprehending CEO compensation, whether for purposes of description or prescription, requires the use of multiple perspectives—economic, political, social, and individual.
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Finkelstein S, Hambrick DC. Chief executive compensation: A synthesis and reconciliation. Strategic Management Journal. 1988 Jan 1;9(6):543-558. doi: 10.1002/smj.4250090603