CEO international experience and its effects on total compensation.
Type
working paper
Date Issued
2017
Author(s)
Abstract
A considerable amount of research has been produced about the value of overseas assignments. This study offers a novel perspective by bridging human capital theory and social network theory to study the relationship between CEO international experience and compensation. Focusing on a panel dataset of Dutch and Swiss international companies over the five-year period from 2008-2012, with a total of 145 firm-year combinations, we found that total compensation effects of CEO international experience follow an inverted U-shaped relationship. Firm internationalization affects the main relationship by flattening the curve. These findings allow for a better understanding of the compensation effects of international experience. Managerial implications are discussed, together with opportunities for future research.
Language
English
HSG Classification
contribution to scientific community
Subject(s)
Eprints ID
251331
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DGremmo_Chapter_5.pdf
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814.19 KB
Format
Adobe PDF
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