• English
  • Deutsch
  • Log In
    Password Login
    or
  • Research Outputs
  • Projects
  • Researchers
  • Institutes
  • Statistics
Repository logo
Fraunhofer-Gesellschaft
  1. Home
  2. Fraunhofer-Gesellschaft
  3. Artikel
  4. Americanization as a driver of CEO pay in Europe: The moderating role of CEO power
 
  • Details
  • Full
Options
2018
Journal Article
Titel

Americanization as a driver of CEO pay in Europe: The moderating role of CEO power

Abstract
This paper examines the relationship between Americanization and CEO pay levels in Europe and how this relationship is moderated by CEO power. Based on neo-institutional theory, our study provides empirical support for a link between Americanization and CEO pay levels. Drawing on a sample of large listed European firms, our results suggest that various dimensions of Americanization, i.e., Americanization of the CEO, of the firm and of the industry, can be associated with higher CEO pay. Combining neo-institutional approaches with managerial power perspectives, we show that Americanization can have an even stronger effect on pay when the CEO is powerful.
Author(s)
Schmid, Stefan
Altfeld, Frederic
Dauth, Tobias
Zeitschrift
Journal of world business
Thumbnail Image
DOI
10.1016/j.jwb.2017.12.002
Language
German
google-scholar
Fraunhofer-Zentrum für Internationales Management und Wissensökonomie IMW
Tags
  • CEO compensation

  • CEO power

  • americanization

  • neo-institutional app...

  • managerial power theo...

  • international diffusi...

  • Cookie settings
  • Imprint
  • Privacy policy
  • Api
  • Send Feedback
© 2022