2021
DOI: 10.1007/s11575-021-00444-z
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CEOs’ International Work Experience and Compensation

Abstract: In this paper, we study the effect a CEO’s international work experience has on his or her compensation. By combining human capital theory with a resource dependence and a resource-based perspective, we argue that international work experience translates into higher pay. We also suggest that international work experience comprises several dimensions that affect CEO compensation: duration, timing and breadth of stays abroad. With data from Europe’s largest stock market firms, we provide evidence that the longer… Show more

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Cited by 11 publications
(6 citation statements)
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References 263 publications
(364 reference statements)
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“…While our analysis shows that accelerators are able to improve every step in the resource mobilization process, it is important to note that the entire acceleration procedure depends on the context of participation (s. Proposition 9). In terms of the founder, this is in line with human capital theory [117][118][119][120] and findings from the literature that accelerators do not provide the same added value for all founders [121]. Our results underline that founders should be proactive in maximizing the benefits of accelerators.…”
Section: Ressource-transfer Ressource-access Ressource-searchsupporting
confidence: 88%
“…While our analysis shows that accelerators are able to improve every step in the resource mobilization process, it is important to note that the entire acceleration procedure depends on the context of participation (s. Proposition 9). In terms of the founder, this is in line with human capital theory [117][118][119][120] and findings from the literature that accelerators do not provide the same added value for all founders [121]. Our results underline that founders should be proactive in maximizing the benefits of accelerators.…”
Section: Ressource-transfer Ressource-access Ressource-searchsupporting
confidence: 88%
“…Dari perspektif lain, pengaturan kerja nontradisional, seperti pekerjaan sementara, dikorelasikan dengan pemberian upah yang relatif lebih rendah untuk pekerja (Schmid & Baldermann, 2021) (Tomas, 2017). Namun, penting untuk dicatat bahwa perbedaan upah untuk pekerja atipikal dapat dipengaruhi oleh heterogenitas pekerja yang tidak teramati (Addison & Surfield, 2005).…”
Section: Pendahuluanunclassified
“…CG is seen as a precursor to the inclusion of social and environmental considerations in a firm's decision-making process in the strategy literature (Ferrón Vílchez et al, 2021) -. Sustainability-oriented projects can influence governance aspects at a firm level, such as board structures (Saidon & Said, 2020) and managers' backgrounds and experience (Schmid & Baldermann, 2021). In other words, the adoption of sustainability-focussed strategies may influence board structures and managers' values (Pearce & Locke, 2023).…”
Section: Sustainability Performance Of Firms and Governancementioning
confidence: 99%