Abstract
This paper examines systematic difference between high-tech and low-tech CEO pay with respect to Organizational factor, CEO factor, Market factor and Accounting factor. It empirically examines CEO's salary, bonus, and long-term compensation with respect to corporate reputation, ROE, Tobin's Q, CEO shareholding and firm size. For the high tech firms, Tobin's Q, reputation and CEO ownership show significant relationship with total compensation, while only reputation shows significant positive relationship in low-tech firms. The similar results are exhibited for the long-term compensation for both low-tech and high-tech firms. On the contrary Salary shows significant positive relationship with reputation in high-tech firms, while CEO ownership shows significant positive relationship in low-tech firms. In general, high-tech firms tend to use a more sophisticate compensation package while low-tech firms seems to adopt a compensation package relied more on a single variable, reputation.
Original language | English (US) |
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Pages | 15-17 |
Number of pages | 3 |
State | Published - 2002 |
Event | Decision Sciences Institute 2002 Proceedings - San Diego, CA, United States Duration: Nov 23 2002 → Nov 26 2002 |
Other
Other | Decision Sciences Institute 2002 Proceedings |
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Country/Territory | United States |
City | San Diego, CA |
Period | 11/23/02 → 11/26/02 |
All Science Journal Classification (ASJC) codes
- Management Information Systems
- Hardware and Architecture