| This research offers further support of the link between organizational strategy and the compensation packages awarded to Chief Executive Officers (CEOs). It is clear that a successful organizational strategy can lead a firm to success within its environment. It has been further hypothesized that compensation is one of the greatest tools organizations have in implementing business strategies. It is therefore not surprising that CEO compensation has received great attention from the popular press and academia. Interestingly though, much of this research has focused on CEO's total compensation as compared to various attributes. However, while recent authors recognize that firm strategy may influence pay design; they similarly realize that there has been very little empirical research on how organizational strategy affects CEO pay. Therefore, to build upon previous research, the relationship between CEO compensation components, within the U.S. Technology industry, across strategic groups is investigated through the Miles and Snow typology. |
