The DOI matches its Crossref record; 6 of the 6 references it cites were found in a registry or an index.
The strategic value of CEO external directorate networks: implications for CEO compensation
Abstract
This study examines the relationship between CEO external directorate networks and CEO compensation. Drawing on previous research showing a link between executives' external networks, firm strategy, and performance, the study argues that executive external networks are strategically valuable to firms; thus, they should be reflected in executive compensation. The study further examines whether firm diversification, with its elevated demand for strategic resources, moderates the relationship between CEO external directorate networks and pay. Hypotheses are tested using a sample of 460 Fortune 1000 firms. Analyses reveal that the rewards to CEO external directorate networks are contingent upon the firm's level of diversification. Implications for future research and practice are discussed. Copyright © 2001 John Wiley & Sons, Ltd.
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Citations
Cites
Firm Resources and Sustained Competitive Advantage
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“This conclusion is reinforced by social network theory, which suggests that social capital (benefits) accrues not only from the characteristics of ties themselves, but also their overall location and structural position (Burt, 1992, 1997; Portes, 1998).”
BackgroundBurt, R. S. (1992) · doi:10.4159/9780674029095 · Cited by 9,093
Social Capital, Intellectual Capital, and the Organizational Advantage
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Cited by
Corporate effects and dynamic managerial capabilities
Adner, R., & Helfat, C. E. (2003) · Strategic Management Journal · doi:10.1002/smj.331 · Cited by 1,756
The managerial rents model: Theory and empirical analysis
Castanias, R. (2001) · Journal of Management · doi:10.1016/s0149-2063(01)00117-9 · Cited by 710
Co-authorship networks and research impact: A social capital perspective
Li, E. Y., Liao, C. H., & Yen, H. R. (2013) · Research Policy · doi:10.1016/j.respol.2013.06.012 · Cited by 473
Metadata
- Authors
- Geletkanycz, M. A., Boyd, B. K., & Finkelstein, S.
- Venue
- Strategic Management Journal
- Publisher
- Wiley
- Published
- 2001-07-31
- Volume
- 22
- Issue
- 9
- Pages
- 889-898
- ISSN
- 0143-2095 (ISSN-L)
- 1097-0266
- OpenAlex
- W2067474761
- Cited by
- 245
- References
- 6
- FWCI
- 10.73
- Type
- journal article
- Language
- en
- Open access
- closed
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- Geletkanycz, M. A., Boyd, B. K., & Finkelstein, S. (2001). The strategic value of CEO external directorate networks: implications for CEO compensation. Strategic Management Journal. https://doi.org/10.1002/smj.172
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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