To examine the impact of globalization on managerial compensation, we consider a matching model where firms compete … both in the product market and in the managerial market. We show that globalization, that is, the simultaneous integration …, while the most able managers obtain a wage increase, less able managers are faced with a reduction in wages. Hence our model …

Purpose: The purpose of this paper is to examine the effects of the compensation level and the gap between the chief … publicly-listed firms in Taiwan. Findings: The results show that higher CEO compensation will lead to regular foreign expansion …. The CEO–TMT compensation gap has a curvilinear effect on the rhythm of firm internationalization. Research limitations …

indicators (KOF indicators), this paper determines the impact of trade liberalization, social factors and political globalization … income under different scenarios and that political globalization both challenges and gives opportunities for improving …