企业高管薪酬外文文献翻译中英文.doc

企业高管薪酬外文文献翻译? (含：英文原文及中文译文) 文献出处： Filatotchev I, Allcock D. Corporate Governance and Executive Remuneration: A Contingency Framework[J]. Academy of Management Perspectives, 2010, 24(1):20-33. 英文原文 Corporate Governance and Executive Remuneration: A Contingency Framework Filatotchev, Allcock Abstract By integrating organizational and institutional theories, this paper develops a contingency approach to executive remuneration and assesses its effectiveness in different organizational and institutional contexts. Most of the executive remuneration research focuses on the principal-agent framework and assumes a universal link between executive incentives and performance outcomes. We suggest a framework that examines executive compensation in terms of its organizational contexts and potential complementarities/ substitution effects between different corporate governance practices at both the firm and national levels. We also discuss the implications for different approaches to executive compensation policy such as soft law and hard law. Keywords:?executive compensation, corporate governance, performance awards, organizational structure, agency theory, stockholders Executive Overview By integrating organizational and institutional theories, this paper develops a contingency approach to executive remuneration and assesses its effectiveness in different organizational and institutional contexts. Most of the executive remuneration research focuses on the principal-agent framework and assumes a universal link between executive incentives and performance outcomes. We suggest a framework that examines executive compensation in terms of its organizational contexts and potential complementarities/ substitution effects between different corporate governance practices at both the firm and national levels. We also discuss the implications for different approaches to executive compensation policy such as “soft law” and “hard law.” Over the past two decades, companies around the wor