The DOI matches its Crossref record; 9 of the 9 references it cites were found in a registry or an index.
INFORMATION-PROCESSING DEMANDS AS A DETERMINANT OF CEO COMPENSATION.
Abstract
Early research found little relationship between CEO pay and firm performance. Therefore, recent work on CEOs' compensation has focused less on the substantive nature of the job performed by such executives and more on the social and political context in which their pay is set. This study returns attention to the substantive nature of CEOs' jobs. Specifically, we argue that CEOs are paid for the level of information processing that their jobs require. Results from four industries support this view: chief executive compensation was higher in firms whose diversification strategy, approach to technology, and top management team structure placed particularly high information-processing demands on their CEOs.
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Citations
Cites
Firm Resources and Sustained Competitive Advantage
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“Moreover, research on task complexity indicates that repeated use of a single body of knowledge or skills tends to reduce information-processing loads (Campbell, 1988; Wood, 1986).”
BackgroundInfluentialA Review of Research on the Application of Goal Setting in Organizations.
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Cited by
Carpenter, M. A., Sanders, W. G., & Gregersen, H. B. (2001) · Academy of Management Journal · doi:10.2307/3069366 · Cited by 915
Swinging for the Fences: The Effects of Ceo Stock Options on Company Risk Taking and Performance
Sanders, W. G., & Hambrick, D. C. (2007) · Academy of Management Journal · doi:10.5465/amj.2007.27156438 · Cited by 757
BOARD CONTROL, REMUNERATION COMMITTEES, AND TOP MANAGEMENT COMPENSATION.
Conyon, M. J., & Peck, S. I. (1998) · Academy of Management Journal · doi:10.2307/257099 · Cited by 734
Ling, Y., Simsek, Z., Lubatkin, M. H., & Veiga, J. F. (2008) · Academy of Management Journal · doi:10.5465/amj.2008.32626023 · Cited by 622
Top Management Teams, Strategy and Financial Performance: A Meta‐Analytic Examination
Certo, S. T., Lester, R. H., Dalton, C. M., & Dalton, D. R. (2006) · Journal of Management Studies · doi:10.1111/j.1467-6486.2006.00612.x · Cited by 485
Metadata
- Authors
- Henderson, A. D., & Fredrickson, J. W.
- Venue
- Academy of Management Journal
- Publisher
- Academy of Management
- Published
- 1996-06-01
- Volume
- 39
- Issue
- 3
- Pages
- 575-606
- ISSN
- 0001-4273 (ISSN-L)
- 1948-0989
- OpenAlex
- W2325079750
- Cited by
- 343
- References
- 9
- FWCI
- 25.65
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.