RELATIONSHIPS AMONG RISK, INCENTIVE PAY, AND ORGANIZATIONAL PERFORMANCE.

George T. Milkovich

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Corporate Finance and Governance Accounting and Organizational Management Human Resource and Talent Management

Abstract

In this study, we extended agency-based research by examining the role of risk in the structure of managerial compensation and its relationship to organization performance. Our results suggest that...

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References

1976Theory of the firm: Managerial behavior, agency costs and ownership structure 1989Agency Theory: An Assessment and Review 1984Upper Echelons: The Organization as a Reflection of Its Top Managers 1933The Modern Corporation and Private Property 1985The Structure of Corporate Ownership: Causes and Consequences 1990Performance Pay and Top-Management Incentives 1993Economics, Organization and Management.1972Internal Labor Markets and Manpower Analysis.

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