Firm-specific knowledge assets and employment arrangements: Evidence from CEO compensation design and CEO dismissal

• Main Authors: WANG, Heli, ZHAO, Shan, CHEN, Guoli
• 格式: text
• 語言: English
• 出版: Institutional Knowledge at Singapore Management University 2017
• 主題: CEO compensation; CEO dismissal; firm-specific knowledge; knowledge structure; specific human capital; Human Resources Management; Strategic Management Policy
• 在線閱讀: https://ink.library.smu.edu.sg/lkcsb_research/4995; https://ink.library.smu.edu.sg/context/lkcsb_research/article/5994/viewcontent/Firm_specific_knowledge_assets_2017_pp.pdf

Research Summary: We argue that firms with greater specificity in knowledge structure need to both encourage their CEOs to stay so that they make investments with a long-term perspective, and provide job securities to the CEOs so that they are less concerned about the risk of being dismissed. Accord...