Determinants of CEO Pay in Service Industry Firms
基于170家服务业企业样本，研究了公司和高管个人特征对CEO薪酬的影响，并分别考察了银行业和公用事业子样本中的行业差异。
This article proposes a model comprising company- and executive-specific variables as determinants of compensation for chief executive officers and reports an empirical testing of the model based on a sample of 170 service industry firms. An empirical test of the model was also conducted for banking and utility firms, the two major subgroups of the sample. An attempt was made to identify interindustry variations in the determinants of compensation for chief executive officers through separate investigation into banking and utility firms. Theoretical and practical implications of the research findings are discussed.