This study examined the role of firm performance, internationality, innovation intensity and firm size in determining CEO executive compensation in multinational enterprises. The framework for this study was established by reviewing literature relevant in executive compensation, agency theory, internationalization, innovation, contingency, and resource based theories. The sample data of 1,950 observations from 488 companies over a period of four years (2008-2011) were collected from ExecuComp database and from Forbes Global 2000 companies list published in 2011. A quantitative methodological approach using correlational research design was employed. The results indicated a positive relation between executive compensation paid to CEOs and firm performance measured in return on assets and return on equity, and size of the firm. Results did not indicate a strong relation between executive compensation paid to CEOs and internationalization and, investment in research and development in multinational corporations. Empirical analyses derived from the data set of this study failed to provide adequate evidence to support the expected moderating effect of firm size on executive compensation paid to CEOs and firm performance. A large part of executive compensation paid to CEO remains unexplained in part due to the need for a greater understanding of the effects of the contextual variables related to internationalization, innovation intensity, and understanding the impact differences from short term and long term executive compensation structures. This dissertation contributes to the literature on compensation, MNC analysis, and innovation.
|Commitee:||Seyoum, Belay, Sims, Randi L.|
|School:||Nova Southeastern University|
|Department:||Business Administration (DBA)|
|School Location:||United States -- Florida|
|Source:||DAI-A 74/07(E), Dissertation Abstracts International|
|Subjects:||Business administration, Management, Finance|
|Keywords:||Executive compensation, Firm performance, Innovation, Internationalization, Multinational corporations|
Copyright in each Dissertation and Thesis is retained by the author. All Rights Reserved
The supplemental file or files you are about to download were provided to ProQuest by the author as part of a
dissertation or thesis. The supplemental files are provided "AS IS" without warranty. ProQuest is not responsible for the
content, format or impact on the supplemental file(s) on our system. in some cases, the file type may be unknown or
may be a .exe file. We recommend caution as you open such files.
Copyright of the original materials contained in the supplemental file is retained by the author and your access to the
supplemental files is subject to the ProQuest Terms and Conditions of use.
Depending on the size of the file(s) you are downloading, the system may take some time to download them. Please be