CEO charisma, compensation, and firm performance

@article{Tosi2004CEOCC,
  title={CEO charisma, compensation, and firm performance},
  author={H. Tosi and Vilmos F. Misangyi and A. Fanelli and D. Waldman and F. Yammarino},
  journal={Leadership Quarterly},
  year={2004},
  volume={15},
  pages={405-420}
}
  • H. Tosi, Vilmos F. Misangyi, +2 authors F. Yammarino
  • Published 2004
  • Psychology
  • Leadership Quarterly
  • Abstract We examined the relationships among CEO perceived charisma, CEO compensation packages, and firm performance in a sample of Fortune 500 companies over a 10-year period. CEO charisma ratings obtained from company CFOs and VPs for HRM were directly related to total CEO pay but not to any firm performance measures. CEO perceived charisma also was related to shareholder value, under highly uncertain conditions. In essence, charismatic CEOs seem able to influence their compensation packages… CONTINUE READING

    Figures and Tables from this paper.

    The impact of CEO compensation on firm performance in Scandinavia
    • 4
    • Open Access
    The effect of CEO pay deviations on CEO withdrawal, firm size, and firm profits
    • 58
    • Open Access
    The Impact of CEO Charismatic Rhetoric on Firm Performance
    • 1
    • Open Access
    In Charisma We Trust: The Effects of CEO Charismatic Visions on Securities Analysts
    • 70
    • Open Access

    References

    Publications referenced by this paper.
    SHOWING 1-10 OF 55 REFERENCES
    Information-Processing Demands as a Determinant of Ceo Compensation
    • 287
    Performance Pay and Top Management Incentives
    • 5,621
    • Open Access
    Corporate performance and managerial remuneration: An empirical analysis
    • 1,721
    Organizational Differences in Managerial Compensation and Financial Performance
    • 646
    • Open Access
    Management Compensation and the Managerial Labor Market
    • 116
    • Open Access
    Corporate Performance and CEO Turnover: The Role of Performance Expectations
    • 334