Through a meta-analytic review of the empirical literature on the determinants of CEO pay, this study tests the hypothesized relationships between firm size, performance, and CEO pay. We show that firm size accounts for more than 40% of the variance in total CEO pay, while firm performance accounts for less than 5% of the variance. We also show that pay sensitivities are relatively similar for both changes in size (5% of the explained variance in pay) and changes in financial performance (4% of the explained variance in pay). The meta-analysis also suggests that moderator variables may play an important role, but we were unable to test for this.
Analyzes a national random telephone survey, carried out in October 1995, on the motivations for and barriers to Internet usage. Eight percent of the random sample reported being Internet users, while surprisingly another 8 percent reported being former users. In total, 85 percent of respondents reported having heard of the Internet. The survey showed evidence of a digital divide, Internet users being generally wealthier and more highly educated, and blacks and Hispanics disproportionately unaware of the Internet. Social and work networks appear to be important for stimulating interest in the Internet and providing users with support. As to reasons for using the Internet, socio‐personal development appears to be the key driver, while nonusers have a decidedly different set of beliefs about the Internet’s value. As to the barriers to Internet usage, even experienced users find it difficult to get started, which confirms other studies of this topic. Barriers include cost and difficulties in understanding how to use the Internet. Concludes that the results of the survey indicate that people strongly desire an easier‐to‐use Internet.
Motivated by new theoretical perspectives that emphasize communication technology as a symbolic tool and physical extension of the human body and persona ( Apparatgeist theory and Machines That Become Us), this article explores how fashion, as a symbolic form of communication, is related to self-reports of mobile phone behaviors across diverse cultures. A survey of college students in the United States and Japan was conducted to demonstrate empirically the relationship between fashion attentiveness and the acquisition, use, and replacement of the mobile phone. The results suggested that young people use the mobile phone as a way of expressing their sense of self and perceive others through a ‘fashion’ lens. Hence it may be useful to investigate further how fashion considerations could guide both the rapidly growing area of mobile phone behavior, as well as human communication behavior more generally.
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AbstractPurpose -The purpose of this study is to test the validity of national culture as an explanatory construct for international operations management decision-making. Design/methodology/approach -National culture is multi-dimensional thereby allowing for much finer grained comparisons than are possible when examining differences based purely on geography or the level of industrialization. This proposition is examined from the theoretical standpoint then empirically investigated using an existing database.Findings -This article finds that national culture significantly explains international operations management behaviors among similar manufacturing plants in the same industry located in different cultures.Originality/value -This study represents a first attempt at using national culture to explain differences of operations decision-making.
Two theories have emerged in the managerial control literature as to the best way for organizations to ensure that managers are acting in the firm's best interest: agency theory, which stresses controlling decision-makers through monitoring and incentives aligned with organizational goals, and stewardship theory, which stresses that decision-makers will act in the organization's best interest even in the absence of controls. Much of the research investigating the utility of these two positions is based on archival data where actual decision-making can only be inferred. In this study, we utilize a laboratory methodology in order to determine if decision-makers actually make different decisions when under the types of control (or lack thereof) suggested in these two theories. The results of this study show that individuals under agency controls invest more in alternatives that maximize profits of an organization than individuals under stewardship controls. Copyright 2003 Blackwell Publishing Ltd..
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