Compensation Dispersion, Work Interdependence, and Performance

摘要：

This paper attempts to explain variations in vertical and horizontal compensation dispersion across firms by industry characteristics and intra-firm task interdependence. We also explore firm performance implications of these compensation dispersions. Preliminary results suggest that firms in industries that require more inter-dependence in tasks (e.g. manufacturing or consumer products) tend to exhibit higher vertical dispersion and lower horizontal dispersion than firms in industries that depend more on individual efforts (e.g. personal and business services). Our results will help identify the contributing factors to the growing gap between CEOs and the average workers in American firms.

作者: E. Han Kim Yao Lu

作者单位: Department of Finance at Ross School of Business,the University of Michigan,Ann Arbor,MI-48109 Department of Business Economics at Ross School of Business,the University of Michigan,Ann Arbor,MI-

会议类型: 国际会议

会议名称: 2008年中国金融国际年会

会议地点: 大连

会议语种:英文

页码: 1-37

在线出版日期: 2008-07-02（万方平台首次上网日期，不代表论文的发表时间）