EXECUTIVE REWARD SYSTEMS: A CROSS‐NATIONAL COMPARISON*
比较了美国、法国和荷兰的高管薪酬，发现美国高管对薪酬与绩效关系的理解与欧洲同行不同，并揭示了薪酬文献中的隐含价值体系。
ABSTRACT This article examines executive compensation in the United States, France, and the Netherlands. A brief review of executive compensation literature is conducted to expose its implicit value systems. Next, a qualitative study examines the interpretive schemas that executives express about the pay‐performance relationship; US‐developed expectancy theory and agency theory serve as a benchmark. the results indicate that US executives understand compensation in different terms from those employed by their European counterparts.