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Journal ArticleDOI

Reframing executive compensation: An assessment and outlook

Luis R. Gomez-Mejia, +1 more
- 01 Jan 1997 - 
- Vol. 23, Iss: 3, pp 291-374
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TLDR
In this article, a new framework for under standing and interpreting the breadth of executive compensation research and theory is developed and applied, which sorts the literature along three dimensions that reflect three basic issues in compensation design: how to pay, when to pay and what to pay (form of pay consequence).
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This article is published in Journal of Management.The article was published on 1997-01-01. It has received 485 citations till now. The article focuses on the topics: Executive compensation.

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Citations
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The Human Side of Enterprise.

TL;DR: The Human Side of Enterprise as mentioned in this paper is one of the most widely used management literature and has been widely used in business schools, industrial relations schools, psychology departments, and professional development seminars for over four decades.

The iron cage revisited: Institutional isomorphism and collective rationality in organizational fields (Chinese Translation)

TL;DR: In this article, the authors argue that rational actors make their organizations increasingly similar as they try to change them, and describe three isomorphic processes-coercive, mimetic, and normative.
Journal ArticleDOI

A Behavioral Agency Model of Managerial Risk Taking

TL;DR: In this article, a behavioral agency model of executive risk-taking is presented, which suggests that executive risk taking varies across and within different forms of monitoring and that agents may exhibit risk-seeking as well as risk-averse behaviors.
Journal ArticleDOI

Collaboration in the Boardroom: Behavioral and Performance Consequences of CEO-Board Social Ties

TL;DR: In this article, the authors show how and when a lack of social independence can increase board involvement and firm performance by raising the frequency of advice and counsel interactions between CEOs and outside directors.
Journal ArticleDOI

The Role of Family Ties in Agency Contracts

TL;DR: This paper showed that firm performance and business risk are much stronger predictors of the chief executiv... of Spanish newspapers over a period of 27 years (1966-93) and showed that firms' performance and risk are correlated with chief executability.
References
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Journal ArticleDOI

Theory of the firm: Managerial behavior, agency costs and ownership structure

TL;DR: In this article, the authors draw on recent progress in the theory of property rights, agency, and finance to develop a theory of ownership structure for the firm, which casts new light on and has implications for a variety of issues in the professional and popular literature.
Book ChapterDOI

Firm Resources and Sustained Competitive Advantage

TL;DR: In this article, the authors examined the link between firm resources and sustained competitive advantage and analyzed the potential of several firm resources for generating sustained competitive advantages, including value, rareness, imitability, and substitutability.
Book ChapterDOI

Prospect theory: an analysis of decision under risk

TL;DR: In this paper, the authors present a critique of expected utility theory as a descriptive model of decision making under risk, and develop an alternative model, called prospect theory, in which value is assigned to gains and losses rather than to final assets and in which probabilities are replaced by decision weights.
Book ChapterDOI

The iron cage revisited institutional isomorphism and collective rationality in organizational fields

TL;DR: In this paper, the authors argue that rational actors make their organizations increasingly similar as they try to change them, and describe three isomorphic processes-coercive, mimetic, and normative.