Matches in SemOpenAlex for { <https://semopenalex.org/work/W2149558612> ?p ?o ?g. }
- W2149558612 endingPage "885" @default.
- W2149558612 startingPage "862" @default.
- W2149558612 abstract "Management researchers have long been concerned with the antecedents and consequences of managerial compensation. More recently, scholarly and popular attention has turned to the gap in pay between workers at the highest and lowest levels of the organization, or “pay dispersion.” This study investigates the performance implications of pay dispersion on a longitudinal (10-year) sample of publicly traded firms from multiple industries. We combine explanations based on tournament theory and equity theory to develop a model wherein pay dispersion has opposing effects on a firm’s short-term performance and their trend in performance over time. We also show that ownership is a key antecedent of pay dispersion. Specifically, transient institutional investors (who have short time horizons and equity stakes in a wide variety of firms) positively influence pay dispersion whereas dedicated institutional investors (who have longer investment time horizons and equity stakes in fewer firms) negatively influence pay dispersion. We discuss the wide-ranging implications of these findings for scholars, managers, and policy makers alike." @default.
- W2149558612 created "2016-06-24" @default.
- W2149558612 creator A5012096592 @default.
- W2149558612 creator A5043608727 @default.
- W2149558612 creator A5048107075 @default.
- W2149558612 creator A5051996523 @default.
- W2149558612 creator A5087932038 @default.
- W2149558612 date "2013-10-10" @default.
- W2149558612 modified "2023-09-30" @default.
- W2149558612 title "Minding the Gap" @default.
- W2149558612 cites W1537430431 @default.
- W2149558612 cites W1577500128 @default.
- W2149558612 cites W1580611305 @default.
- W2149558612 cites W1587682423 @default.
- W2149558612 cites W1947581370 @default.
- W2149558612 cites W1967738945 @default.
- W2149558612 cites W1973293045 @default.
- W2149558612 cites W1975566231 @default.
- W2149558612 cites W1976573115 @default.
- W2149558612 cites W1980603183 @default.
- W2149558612 cites W1980643765 @default.
- W2149558612 cites W1982219799 @default.
- W2149558612 cites W1990885085 @default.
- W2149558612 cites W1991621217 @default.
- W2149558612 cites W1992728933 @default.
- W2149558612 cites W1997496974 @default.
- W2149558612 cites W1998190637 @default.
- W2149558612 cites W2000380926 @default.
- W2149558612 cites W2000438598 @default.
- W2149558612 cites W2005037948 @default.
- W2149558612 cites W2006504401 @default.
- W2149558612 cites W2007087334 @default.
- W2149558612 cites W2021367515 @default.
- W2149558612 cites W2022245499 @default.
- W2149558612 cites W2024334610 @default.
- W2149558612 cites W2027384339 @default.
- W2149558612 cites W2029269957 @default.
- W2149558612 cites W2035554302 @default.
- W2149558612 cites W2037094603 @default.
- W2149558612 cites W2038828181 @default.
- W2149558612 cites W2041247279 @default.
- W2149558612 cites W2044296607 @default.
- W2149558612 cites W2050904362 @default.
- W2149558612 cites W2051140949 @default.
- W2149558612 cites W2052399785 @default.
- W2149558612 cites W2067179086 @default.
- W2149558612 cites W2067660748 @default.
- W2149558612 cites W2070134989 @default.
- W2149558612 cites W2071263376 @default.
- W2149558612 cites W2079134474 @default.
- W2149558612 cites W2082393900 @default.
- W2149558612 cites W2085388220 @default.
- W2149558612 cites W2088444647 @default.
- W2149558612 cites W2088470614 @default.
- W2149558612 cites W2092981202 @default.
- W2149558612 cites W2096482578 @default.
- W2149558612 cites W2098432044 @default.
- W2149558612 cites W2101402308 @default.
- W2149558612 cites W2105162863 @default.
- W2149558612 cites W2106375545 @default.
- W2149558612 cites W2110522442 @default.
- W2149558612 cites W2112352537 @default.
- W2149558612 cites W2112707326 @default.
- W2149558612 cites W2115896658 @default.
- W2149558612 cites W2115901290 @default.
- W2149558612 cites W2118419282 @default.
- W2149558612 cites W2118957428 @default.
- W2149558612 cites W2119134459 @default.
- W2149558612 cites W2121997584 @default.
- W2149558612 cites W2124071718 @default.
- W2149558612 cites W2125289599 @default.
- W2149558612 cites W2128127523 @default.
- W2149558612 cites W2128896393 @default.
- W2149558612 cites W2129362392 @default.
- W2149558612 cites W2132935253 @default.
- W2149558612 cites W2146360602 @default.
- W2149558612 cites W2147967842 @default.
- W2149558612 cites W2149024201 @default.
- W2149558612 cites W2152822037 @default.
- W2149558612 cites W2155099412 @default.
- W2149558612 cites W2155192163 @default.
- W2149558612 cites W2157986775 @default.
- W2149558612 cites W2158308952 @default.
- W2149558612 cites W2158749761 @default.
- W2149558612 cites W2164092779 @default.
- W2149558612 cites W2166285176 @default.
- W2149558612 cites W2255601800 @default.
- W2149558612 cites W2328193362 @default.
- W2149558612 cites W2482715993 @default.
- W2149558612 cites W3121403162 @default.
- W2149558612 cites W3121850914 @default.
- W2149558612 cites W3122172338 @default.
- W2149558612 cites W3122721828 @default.
- W2149558612 cites W3122793526 @default.
- W2149558612 cites W3122985187 @default.
- W2149558612 cites W3123208803 @default.
- W2149558612 cites W3123829300 @default.
- W2149558612 cites W3124179860 @default.