Motivation and Politics in Executive Compensation
从政治视角解释高管薪酬与业绩之间为何关联薄弱，挑战传统理性模型，为管理和研究提供新思路。
For the past 30 years, economists and management theorists have empirically investigated the compensation of top executives. An issue that has received critical attention is what appears to be a weak link between top executive compensation and performance. In contrast to rational models that have characterized most previous studies, this paper develops a political perspective to explain why the linkage between rewards and performance is weak. Implications for research and management practice are presented.