Essen, Marc van; Heugens, Pursey PMAR; Otten, Jordan; J … - In: Journal of International Business Studies 43 (2012) 4, pp. 396-423
We offer a multilevel meta-analytic study of the firm performance – executive compensation relationship, comprising prior tests derived from 332 primary studies nested in 29 countries. Although our work modestly supports the optimal contracting theory-based expectation that compensation is...