All Outputs (2)

Micro-level opportunity structures as determinants of non-CEO executive pay (2002)
Journal Article
Wade, J., & Carpenter, M. (2002). Micro-level opportunity structures as determinants of non-CEO executive pay. Academy of Management Journal, 45(6), 1085-1103. https://doi.org/10.2307/3069426

We develop a theory wherein the pay of non-CEO executives can be explained by micro-level opportunity structures--the intersection of functional position, CEO background, human capital, and firm strategic resource allocation decisions. Our theory sug... Read More about Micro-level opportunity structures as determinants of non-CEO executive pay.

The role of power and politics in the repricing of executive options (2002)
Journal Article
Wade, J., Pollock, T., Fischer, H., & Harald, M. (2002). The role of power and politics in the repricing of executive options. Academy of Management Journal, 45(6), 1172-1182. https://doi.org/10.2307/3069432

We explore how CEO power affects the repricing of executive options. The spread between an option's exercise, or strike, price, and the market value of a stock impacts the likelihood of repricing. This effect is enhanced when the CEO of the firm in q... Read More about The role of power and politics in the repricing of executive options.