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Motivation and Politics in Executive Compensation

机译:高管薪酬的动机与政治

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For the past thirty years, economists and management theorists have empirically investigated the compensation of top executives. An issue that has received critical attention is what appears to be a weak link between top executive compensation and executive performance. In contrast to rational models that have characterized most previous studies, this paper develops a political perspective to explain why the linkage between rewards and performance is weak. Implications for research and management practice are presented. (Author)

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