کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
1009694 | 1482509 | 2012 | 10 صفحه PDF | دانلود رایگان |
![عکس صفحه اول مقاله: An examination of executive compensation in the restaurant industry An examination of executive compensation in the restaurant industry](/preview/png/1009694.png)
The purpose of this empirical study is to examine executive compensation in the restaurant industry. The effects of a set of accounting-based performance measures, market-based performance measures, and executive-related factors on the compensations of firm CEOs, other senior executive managers, and board members were examined. Drawn from 16 consecutive years of data and a sample of over 2200 observations from restaurant companies, the findings revealed that determinants of equity based compensation vary by different types of executives. In addition, this study supports the notion that executive compensation in the restaurant industry is determined not only by firm performance measures but also by executive-related characteristics such as tenure.
► Determinants of equity based compensation vary by different types of executives.
► Compensation is determined by firm performance and executive-related measures.
► Executive compensation should be tied to market-based performance measures.
Journal: International Journal of Hospitality Management - Volume 31, Issue 1, March 2012, Pages 86–95