Perceptions of executive pay: does pay enhance a leader's aura?

Citation
Js. Miller et Rm. Wiseman, Perceptions of executive pay: does pay enhance a leader's aura?, J ORG BEHAV, 22(6), 2001, pp. 703-711
Citations number
33
Categorie Soggetti
Psycology
Journal title
JOURNAL OF ORGANIZATIONAL BEHAVIOR
ISSN journal
08943796 → ACNP
Volume
22
Issue
6
Year of publication
2001
Pages
703 - 711
Database
ISI
SICI code
0894-3796(200109)22:6<703:POEPDP>2.0.ZU;2-B
Abstract
This study used policy capturing to test the 'figurehead' assertion that ex ecutive pay level contributes to followers' perceptions of a leader's abili ty. Findings indicated human capital factors including promotion history, d egree earned and university prestige all furnished more explanation than pa y for CEO ratings. Results challenged the underlying logic of figurehead ex planations for executive compensation to the rank and file. Copyright (C) 2 001 John Wiley & Sons, Ltd.