作者:Parbudyal Singh、Naresh C. Agarwal
DOI:10.1007/s12122-002-1032-4
日期:2002.12
While executive compensation has historically attracted considerable attention and controversy, this issue is becoming increasingly more contentious as organizations attempt to cut labor costs through reengineering and downsizing. Unions, governments, and workers are becoming critical of seemingly excessive executive compensation while employees are asked to make concessions. In fact, many labor organizations are specif-ically targeting executive compensation for criticisms: Witness their web sites tracking executive pay and numerous press releases and public statements. However, do unions, through their presence in a firm, affect executive compensation? While there is con-siderable research on the determinants and correlates of executive compensation, the literature is silent on the role of unions. We investigate the distinctive effects of union presence with data on a sample of Canadianbased metalmining firms. The differences between union and nonunion firms, as well as the unique effects of union presence, are analyzed and future research suggested.
虽然高管薪酬历史上一直备受关注和争议,但随着组织通过重组和裁员试图降低劳动成本,这一问题变得愈发激烈。工会、政府和工人对看似过高的高管薪酬表示批评,而员工却被要求做出让步。事实上,许多工会组织正专门针对高管薪酬提出批评:请查看他们追踪高管薪酬的网站以及众多的新闻稿和公开声明。然而,工会在公司内的存在是否会影响高管薪酬?尽管有大量关于高管薪酬决定因素和相关性的研究,但文献中对工会角色的探讨却寂寂无声。我们利用加拿大的一些金属矿业公司数据,研究工会存在的独特影响。分析了有工会和无工会公司的差异,以及工会存在的独特效应,并提出了未来的研究建议。