کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5109310 1482839 2018 11 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Social pay reference point, external environment, and risk taking: An integrated behavioral and social psychological view
ترجمه فارسی عنوان
نقطه مرجع پرداخت اجتماعی، محیط خارجی و ریسک پذیری: رویکرد روانشناختی رفتاری و اجتماعی
کلمات کلیدی
مدل آژانس رفتاری؛ نقطه مرجع؛ جبران اجباری؛ محیط؛ ریسک پذیری؛ مقایسه اجتماعی
موضوعات مرتبط
علوم انسانی و اجتماعی مدیریت، کسب و کار و حسابداری کسب و کار و مدیریت بین المللی
چکیده انگلیسی
Compensation studies traditionally draw from behavioral agency model to explore how CEO pay influences risk taking, yet this literature has generated mixed results. Integrating behavioral agency model and social comparison theory, we develop a more complete theoretical model that shed light on the equivocal findings. We introduce the concept of social pay reference point that explains risk taking in response to the underlying behavioral and social-psychological mechanisms through which CEOs compare and frame their pay relative to social peers' pay. In addition, we establish theoretical boundary conditions of the hypothesized baseline effects by considering the moderating effects of environmental munificence and dynamism. We test our hypotheses on 545 manufacturing firms across 2878 firm-year observations spanning time period from 1994 to 2006. Our hypotheses receive considerable empirical support.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Business Research - Volume 82, January 2018, Pages 68-78
نویسندگان
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