Abstract
This study tests six hypotheses on the extent to which a match between compensation and diversification strategies affects firm performance. Using both archival and survey data, results generally support the notion that a firm's compensation strategies make a greater contribution to firm performance if these are attuned to extent and process of corporate diversification. The paper concludes with a set of recommendations for future research on compensation‐diversification strategy relations and their interactive effect on firm performance.
Original language | English (US) |
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Pages (from-to) | 381-397 |
Number of pages | 17 |
Journal | Strategic Management Journal |
Volume | 13 |
Issue number | 5 |
DOIs | |
State | Published - Jun 1992 |
Keywords
- Diversification
- compensation strategy
- firm performance
ASJC Scopus subject areas
- Business and International Management
- Strategy and Management