Effect of Diversification on Executive Compensation

Ernest H. Hall, Jooh Lee, Eunsup Shim

Research output: Contribution to conferencePaperpeer-review

Abstract

CEO compensation has always been a topic of interest, both in the academic and business arenas, Although extensively studied, the never-ending search for explanations of why CEOs are paid so much has not led to many conclusions. The conclusion that "top level compensation doesn't make much sense" (Crystal, 1988: 68) is probably the only conclusive finding from the plethora of studies that have been conducted on the subject that is widely accepted. The present study seeks to add, to this body of knowledge and hopefully alleviate some of this difficulty. We propose the introduction of diversification, both international- and product-based, as a critical variable in understanding CEO compensation.

Original languageEnglish (US)
Pages2499-2504
Number of pages6
StatePublished - 2002
EventDecision Sciences Institute 2002 Proceedings - San Diego, CA, United States
Duration: Nov 23 2002Nov 26 2002

Other

OtherDecision Sciences Institute 2002 Proceedings
Country/TerritoryUnited States
CitySan Diego, CA
Period11/23/0211/26/02

All Science Journal Classification (ASJC) codes

  • Management Information Systems
  • Hardware and Architecture

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