Does Foreign Experience Influence Executive Compensation in Emerging Markets?

dc.contributor.authorMachado V.N.
dc.contributor.authorSonza I.B.
dc.contributor.authorNakamura W.T.
dc.contributor.authorMendes J.S.
dc.date.accessioned2024-03-12T19:12:34Z
dc.date.available2024-03-12T19:12:34Z
dc.date.issued2023
dc.description.abstract© 2023 Taylor & Francis Group, LLC.This article examines the effects of foreign experience on the remuneration policy of companies listed in an emerging market. Applying regressions by GMM-Sys method in 230 Brazilian firms between 2010 and 2018, we find that an international academic experience cause executives to receive lower salaries. However, companies valued the experience of working abroad with more generous compensation. These relationships are consistent for total, base, variable, stock and option compensation and direct and indirect benefits, even when we moderate by the executive´s tenure and age.
dc.description.firstpage3656
dc.description.issuenumber11
dc.description.lastpage3670
dc.description.volume59
dc.identifier.doi10.1080/1540496X.2022.2164463
dc.identifier.issn1558-0938
dc.identifier.urihttps://dspace.mackenzie.br/handle/10899/34236
dc.relation.ispartofEmerging Markets Finance and Trade
dc.rightsAcesso Restrito
dc.subject.otherlanguagecompensation
dc.subject.otherlanguageExecutive
dc.subject.otherlanguageforeign experience
dc.subject.otherlanguageG30
dc.subject.otherlanguageG34
dc.subject.otherlanguageM12
dc.subject.otherlanguageN26
dc.titleDoes Foreign Experience Influence Executive Compensation in Emerging Markets?
dc.typeArtigo de revisão
local.scopus.citations2
local.scopus.eid2-s2.0-85147347839
local.scopus.updated2024-12-01
local.scopus.urlhttps://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=85147347839&origin=inward
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