Please use this identifier to cite or link to this item:
|Other Titles:||Business Strategy, Nonfinancial Performance Measures, and CEO|
Business strategy;CEO compensation;Nonfinancial performance measures
|Issue Date:||2016-06-01 14:15:47 (UTC+8)|
This study examines the relationships between CEO compensation and nonfinancial performance measures and, more importantly, whether or not these relationships are moderated by business strategy. The analysis of this study is based on 2000-2004 CEO compensation data gathered from Taiwanese electronics firms. I find, after controlling for financial performance measures, that both innovation and manufacturing performance measures are positively associated with CEO compensation. Furthermore, business strategy moderates the pay-nonfinancial performance sensitivity. For firms adopting OBM strategies and ODM strategies, the positive relationships between innovation performance measures and CEO compensation are stronger than those between manufacturing performance measures and CEO compensation. Conversely, the positive relationships between manufacturing performance measures and CEO compensation are stronger than those between innovation performance measures and CEO compensation for firms pursuing OEM strategies.
International Journal of Accounting Studies
|Appears in Collections:||[會計評論] 期刊論文|
Files in This Item:
All items in 學術集成 are protected by copyright, with all rights reserved.