This study investigates the relation between a hospitality and tourism firm's business strategy and its chief executive officer (CEO) compensation. Using a comprehensive measure of business strategy based on Miles and Snow's (1978, 2003) theoretical framework, we find that, in the hospitality...

Purpose: The purpose of this study is to investigate whether corporate dividend payout policies of non-financial and non-utilities US public firms are affected by business strategy over the period from 1992 to 2017.Empirical methodology: We use a comprehensive measure of business strategy based...

Purpose: The purpose of this study is to investigate whether excess leverage is associated with business strategy for non-financial and non-utilities US firms over the period from 1999 to 2017. We also examine the link between the cross-sectional difference in excess leverage and long-term debt...