Rost, Katja; Osterloh, Margit - In: Schmalenbach Business Review (sbr) 61 (2009) 2, pp. 119-149
We show theoretically and empirically that Pay-for-Performance, like many manage-ment fashions, has not achieved its … increase of the firm’s performance, and that ceo salary and firm performance are not linked. The example of Pay-for-Performance …