Tournament theory's perspective of executive pay gaps

Tournament theory stipulates that large pay gaps provide strong incentives to highly qualified managers, leading to greater effort and improved enterprise performance. This study explores the executive pay gap issue using Taiwanese samples from 2002 to 2004. Certain tournament phenomena occur: pay g...

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Veröffentlicht in:Journal of business research 2013-05, Vol.66 (5), p.585-592
Hauptverfasser: Lin, Ying-Fen, Yeh, Yaying Mary Chou, Shih, Yu-Ting
Format: Artikel
Sprache:eng
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