Executive Compensation: Empirical Essays on the Antecedents and the Consequences, and the Role of Executive Personality

Executive Compensation: Empirical Essays on the Antecedents and the Consequences, and the Role of Executive Personality PDF Author: Steffen Florian Burkert
Publisher: BoD – Books on Demand
ISBN: 3947095104
Category : Business & Economics
Languages : en
Pages : 233

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Book Description
Top managers have a significant impact on organizations because they are responsible for the formulation and implementation of corporate strategies, have the visibility and influence to shape the opinions of internal and external stakeholders, and coin the culture of their organizations, affecting employees at every level of the organization. Research has focused on the drivers and consequences of top managers' actions, with a particular focus on executive compensation, but important questions remain unanswered. This dissertation contributes to the literature on top executives by examining the antecedents of executive compensation, the influence of executive compensation on executive behavior, and the interplay of executive compensation and top executive personality. The first study introduces the role of compensation benchmarking for determining executive compensation to the management literature. It finds that benchmarking leads to compensation convergence. The second study examines the impact of executive compensation complexity on firm performance. The results show that compensation complexity is negatively related to accounting-based, market-based, and ESG-based metric of firm performance. The third study explores the implications of relative performance evaluation (RPE) on the imitation behavior of firms. It finds that the introduction of RPE is positively related to the imitation of the strategic actions of peer firms. The fourth study contributes to the growing literature on the impact of corporate social performance (CSP) goals in CEO contracts. Specifically, it examines how and when CSP incentives influence the CEO's attention to corporate social responsibility topics. The final essay examines the role of CEO personality; it finds that differences in CEO personality explain differences in the level of strategic conformity. Taken together, the essays in this dissertation make a significant contribution to the scholarly discourse on the influence of top managers on their companies. The empirical evidence presented expands the current understanding of how top executives affect strategic firm behaviors, and it provides insights for policymakers, managers, and investors.

Executive Compensation: Empirical Essays on the Antecedents and the Consequences, and the Role of Executive Personality

Executive Compensation: Empirical Essays on the Antecedents and the Consequences, and the Role of Executive Personality PDF Author: Steffen Florian Burkert
Publisher: BoD – Books on Demand
ISBN: 3947095104
Category : Business & Economics
Languages : en
Pages : 233

Get Book Here

Book Description
Top managers have a significant impact on organizations because they are responsible for the formulation and implementation of corporate strategies, have the visibility and influence to shape the opinions of internal and external stakeholders, and coin the culture of their organizations, affecting employees at every level of the organization. Research has focused on the drivers and consequences of top managers' actions, with a particular focus on executive compensation, but important questions remain unanswered. This dissertation contributes to the literature on top executives by examining the antecedents of executive compensation, the influence of executive compensation on executive behavior, and the interplay of executive compensation and top executive personality. The first study introduces the role of compensation benchmarking for determining executive compensation to the management literature. It finds that benchmarking leads to compensation convergence. The second study examines the impact of executive compensation complexity on firm performance. The results show that compensation complexity is negatively related to accounting-based, market-based, and ESG-based metric of firm performance. The third study explores the implications of relative performance evaluation (RPE) on the imitation behavior of firms. It finds that the introduction of RPE is positively related to the imitation of the strategic actions of peer firms. The fourth study contributes to the growing literature on the impact of corporate social performance (CSP) goals in CEO contracts. Specifically, it examines how and when CSP incentives influence the CEO's attention to corporate social responsibility topics. The final essay examines the role of CEO personality; it finds that differences in CEO personality explain differences in the level of strategic conformity. Taken together, the essays in this dissertation make a significant contribution to the scholarly discourse on the influence of top managers on their companies. The empirical evidence presented expands the current understanding of how top executives affect strategic firm behaviors, and it provides insights for policymakers, managers, and investors.

Dissertation Abstracts International

Dissertation Abstracts International PDF Author:
Publisher:
ISBN:
Category : Dissertations, Academic
Languages : en
Pages : 688

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Book Description


Empirical Essays on Intrepreneurship and Corporate Social Responsibility

Empirical Essays on Intrepreneurship and Corporate Social Responsibility PDF Author: Aaron Kumar Chatterji
Publisher:
ISBN:
Category :
Languages : en
Pages : 422

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Book Description


Proceedings of the Thirteenth International Conference on Management Science and Engineering Management

Proceedings of the Thirteenth International Conference on Management Science and Engineering Management PDF Author: Jiuping Xu
Publisher: Springer
ISBN: 3030212556
Category : Technology & Engineering
Languages : en
Pages : 790

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Book Description
This book gathers the proceedings of the 13th International Conference on Management Science and Engineering Management (ICMSEM 2019), which was held at Brock University, Ontario, Canada on August 5–8, 2019. Exploring the latest ideas and pioneering research achievements in management science and engineering management, the respective contributions highlight both theoretical and practical studies on management science and computing methodologies, and present advanced management concepts and computing technologies for decision-making problems involving large, uncertain and unstructured data. Accordingly, the proceedings offer researchers and practitioners in related fields an essential update, as well as a source of new research directions.

Managing Open Innovation

Managing Open Innovation PDF Author: André Spithoven
Publisher: Edward Elgar Publishing
ISBN: 1781953597
Category : Business & Economics
Languages : en
Pages : 350

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Book Description
'Research on open innovation has been developed exponentially in the last five years, but strong empirical evidence on several research questions is still lacking. The authors offer via detailed large scale empirical research, interesting answers on how to manage open innovation and how to shape policy conditions that lead to more open innovation.' – Wim Vanhaverbeke, University of Hasselt, Belgium Open innovation is about firms' external relations with other firms and organisations. It is a topic which has attracted an immense amount of attention, but which has also been heavily criticised due to the diversity of the ideas and fuzziness of its key concepts. To date, the bulk of the literature on open innovation draws on case study material to illustrate the operation of firms in an anecdotal way. By contrast, this book examines open innovation practices by using large-scale datasets and stresses their impact on firm performance. The authors examine four key issues: differences between firms in open innovation practices, public funding to enhance external relations, R&D outsourcing of firms, and the role of human resources in R&D and innovation. The conceptual and measurement issues attached to open innovation explored in this timely book will prove essential to academics. Practitioners from large firms who are closely engaged in the practical organisation of open innovation will benefit from the authors' insights on outsourcing R&D and the need for the right kinds of human resources.

The Economics of Artificial Intelligence

The Economics of Artificial Intelligence PDF Author: Ajay Agrawal
Publisher: University of Chicago Press
ISBN: 0226833127
Category : Business & Economics
Languages : en
Pages : 172

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Book Description
A timely investigation of the potential economic effects, both realized and unrealized, of artificial intelligence within the United States healthcare system. In sweeping conversations about the impact of artificial intelligence on many sectors of the economy, healthcare has received relatively little attention. Yet it seems unlikely that an industry that represents nearly one-fifth of the economy could escape the efficiency and cost-driven disruptions of AI. The Economics of Artificial Intelligence: Health Care Challenges brings together contributions from health economists, physicians, philosophers, and scholars in law, public health, and machine learning to identify the primary barriers to entry of AI in the healthcare sector. Across original papers and in wide-ranging responses, the contributors analyze barriers of four types: incentives, management, data availability, and regulation. They also suggest that AI has the potential to improve outcomes and lower costs. Understanding both the benefits of and barriers to AI adoption is essential for designing policies that will affect the evolution of the healthcare system.

Entrepreneurship and Economic Development

Entrepreneurship and Economic Development PDF Author: Wim Naudé
Publisher: Springer
ISBN: 0230295150
Category : Business & Economics
Languages : en
Pages : 384

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Book Description
Leading international scholars provide a timely reconsideration of how and why entrepreneurship matters for economic development, particularly in emerging and developing economies. The book critically dissects the evolving relationship between entrepreneurs and the state.

Corporate Underground: Bootleg Innovation And Constructive Deviance

Corporate Underground: Bootleg Innovation And Constructive Deviance PDF Author: Peter Augsdorfer
Publisher: World Scientific
ISBN: 1800612273
Category : Business & Economics
Languages : en
Pages : 359

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Book Description
In the corporate underground, creative intrapreneurs produce ideas autonomously and without the consent of management. Such informal activity frequently 'corrects' and compensates for the weaknesses of formal organizational systems. The corporate underground is an adjusting element for a number of organizational paradoxes. This imposes a certain legitimacy on covert activities such as bootlegging and constructive deviance. It reflects a basic axiom of the evolutionary perspective: change and creativity are reliant upon elements of redundancy, waste and inefficiency.With contributions from 16 leading experts in this field, the book offers a comprehensive picture of the nature of covert creativity for theory, research and practice. The chapters cover a wide range of facets of underground activity, including basic information, the sensitive transition from underground to formal disclosure at an organization, and psychological factors. This book is a valuable compendium for academics and practitioners interested in R&D and innovation. Management seeking to better manage their innovative capabilities in their companies will also benefit from this book.

ICIE 2018 6th International Conference on Innovation and Entrepreneurship

ICIE 2018 6th International Conference on Innovation and Entrepreneurship PDF Author: Dr. Denise A. D. Bedford
Publisher: Academic Conferences and publishing limited
ISBN: 1911218719
Category :
Languages : en
Pages : 553

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Book Description
These proceedings represent the work of researchers participating in the 6th International Conference on Innovation and Entrepreneurship (ICIE 2018) which is being co-hosted by Georgetown University and George Washington University and is being held at The University of the District of Columbia (UDC) on 5-6 March 2018.

Multinational Enterprises, Innovative Strategies and Systems of Innovation

Multinational Enterprises, Innovative Strategies and Systems of Innovation PDF Author: John Cantwell
Publisher: Edward Elgar Publishing
ISBN: 9781781009871
Category : Business & Economics
Languages : en
Pages : 360

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Book Description
This volume explores the extent to which multinational enterprises (MNEs) are decentralizing the creation of new technological capabilities to various countries. The book contends that technological strategies and innovation activities undertaken by firms are a critical part of the increasing internationalization of economic activity and that MNEs are the main actors for these changes. It goes on to explain that MNEs must now effectively manage new technological assets in order to cope with the extensive changes in the nature of international competition.