J. Fisher et V. Govindarajan, PROFIT CENTER MANAGER COMPENSATION - AN EXAMINATION OF MARKET, POLITICAL AND HUMAN-CAPITAL FACTORS, Strategic management journal, 13(3), 1992, pp. 205-217
A model of the determinants of profit center manager (PCM) compensatio
n is presented and tested. Market, political and human capital factors
are included in the model development and testing. Based on a sample
from several industries, this study found a complex set of variables a
ffecting PCM compensation.