Kor, Yasemin Y. (contributor); Watson, Sharon (contributor); … - 2004
) conducted a series of empirical tests of upper-
echelons hypotheses and reported stronger results at the top management team … use of executive compensation at the top management team level.
THEORY AND HYPOTHESES DEVELOPMENT
In the business … the best management practices, semi-efficient or
inefficient markets for managers, and so forth. Given market frictions …