Structure and process of diversification,compensation strategy,and firm performance |
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Authors: | Luis R Gomez-Mejia |
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Abstract: | This study tests six hypotheses on the extent to which a match between compensation and diversification strategies affects firm performance. Using both archival and survey data, results generally support the notion that a firm's compensation strategies make a greater contribution to firm performance if these are attuned to extent and process of corporate diversification. The paper concludes with a set of recommendations for future research on compensation-diversification strategy relations and their interactive effect on firm performance. |
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Keywords: | Diversification compensation strategy firm performance |
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