Ungson, Gerardo Riviera et M. Steers, Richard, Motivation and Politics in Executive Compensation, Academy of Management review , 9(2), 1984, pp. 313-323
For the past 30 years, economists and management theorists have empirically investigated the compensation of top executives.An issue that has received critical attention is what appears to be a weak link between top executive compensation and performance.In contrast to rational models that have characterized most previous studies, this paper develops a political perspective to explain why the linkage between rewards and performance is weak. Implications for research and management practice are presented.