Compensation and Firm Performance

Abstract

The relatlons,ip between the ceneatlon policies a fin, pura.s and the fin's economic performance i of central hortance to both researchers and practitioners. Yet, wt.ile a variety of theories exist about the effects of variate . ensation policies, Mirprisingly little evidence exIsts a,. the extent to which ceneation policies vary across fire and, e inortantly, on th, effect. of pursiing alternative ccensatjon strategies.