This article describes new micro-foundations for theorizing about executive compensation, drawing on the behavioral … executive compensation, an enhanced theory of agent behavior, and an improved platform for making recommendations about the … design of executive compensation plans. …

. In the financial sector, these career streams are linked to training and geographical mobility within the organization … with those with craft skills. For the former, company-specific training develops with internal movement. For the latter …, training is by apprenticeship leading to externally transferable skills. The two sub-systems are interrelated as it is often …

In the empirical literature on work experience, job tenure, training and earnings, only one previous study has made a … has made the distinction with respect to training. Yet it is reasonable to hypothesize that the distinction is important … independent effect. Similarly it is found that the distinction between training for current and previous occupations gives better …