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Personality Differences and Executive Compensation

Robin Bartlett, James Grant and Timothy Miller
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Robin Bartlett: Denison University
James Grant: Lewis and Clark University
Timothy Miller: Denison University

Eastern Economic Journal, 1990, vol. 16, issue 3, 187-195

Abstract: When estimating executive compensation structures econometrically, it is incorrect to ignore an executive's personality type. The problem becomes one of identifying managers and leaders. This study asserts that the key to distinguishing these two types of executives is in their personality types as reflected in their willingness to belong to various kinds of clubs. The authors' findings give new life to the debate over the relative importance of profitability versus sales as determinants of executive compensation. The structures of managers' and leaders' compensation appear to be different.

Date: 1990
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Eastern Economic Journal is currently edited by Cynthia A. Bansak, St. Lawrence University and Allan A. Zebedee, Clarkson University

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