TY - JOUR
T1 - The effect of upper echelons' compensation on firm internationalization
AU - Lin, Wen Ting
AU - Cheng, Kuei Yang
N1 - Funding Information:
Wen-Ting Lin acknowledges financial support from the National Science Council (NSC 98-2410-H-194-114-MY3). We are grateful to the Senior Editor, Professor Lu, and two anonymous reviewers for their insightful comments.
PY - 2013/3
Y1 - 2013/3
N2 - This paper is built upon previous work concerning how three factors-an upper echelon's compensation, the total compensation level of a chief executive officer (CEO), and compensation gaps between a CEO and a top management team (TMT)-affect a firm's international expansion level. Using longitudinal data (2000-2005) from 528 publicly listed firms in Taiwan as our sample, we found that CEO total compensation level and TMT total compensation were positively related to firms' international expansion level, and that the larger the compensation gap between CEO and TMT, the higher the given firm's international expansion level. The implications that these findings have for future research are discussed.
AB - This paper is built upon previous work concerning how three factors-an upper echelon's compensation, the total compensation level of a chief executive officer (CEO), and compensation gaps between a CEO and a top management team (TMT)-affect a firm's international expansion level. Using longitudinal data (2000-2005) from 528 publicly listed firms in Taiwan as our sample, we found that CEO total compensation level and TMT total compensation were positively related to firms' international expansion level, and that the larger the compensation gap between CEO and TMT, the higher the given firm's international expansion level. The implications that these findings have for future research are discussed.
UR - http://www.scopus.com/inward/record.url?scp=84873747704&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84873747704&partnerID=8YFLogxK
U2 - 10.1007/s10490-011-9261-9
DO - 10.1007/s10490-011-9261-9
M3 - Article
AN - SCOPUS:84873747704
SN - 0217-4561
VL - 30
SP - 73
EP - 90
JO - Asia Pacific Journal of Management
JF - Asia Pacific Journal of Management
IS - 1
ER -