Perceptions of executive pay: does pay enhance a leader's aura?
通过政策捕捉实验，检验了高管薪酬水平是否影响下属对领导者能力的感知，发现晋升历史、学历和大学声望等人力资本因素比薪酬更能解释CEO评分。
Abstract This study used policy capturing to test the ‘figurehead’ assertion that executive pay level contributes to followers' perceptions of a leader's ability. Findings indicated human capital factors including promotion history, degree earned and university prestige all furnished more explanation than pay for CEO ratings. Results challenged the underlying logic of figurehead explanations for executive compensation to the rank and file. Copyright © 2001 John Wiley & Sons, Ltd.