How Americanization drives CEO pay in Europe

Catégorie(s) : Management international
7 novembre 2019 13 h 13 min
Drawing on a sample of large listed European firms, Professor Stefan Schmid showed in an article published in the Journal of World Business that various dimensions of Americanization (Americanization of the CEO, of the firm and of the industry) can be associated with higher CEO pay levels in Europe, and that Americanization can have an even stronger effect on pay when the CEO is powerful.