Perceptions of executive pay: does pay enhance a leader's aura?
Article first published online: 17 AUG 2001
Copyright © 2001 John Wiley & Sons, Ltd.
Journal of Organizational Behavior
Volume 22, Issue 6, pages 703–711, September 2001
How to Cite
Miller, J. S. and Wiseman, R. M. (2001), Perceptions of executive pay: does pay enhance a leader's aura?. J. Organiz. Behav., 22: 703–711. doi: 10.1002/job.110
- Issue published online: 17 AUG 2001
- Article first published online: 17 AUG 2001
- Manuscript Accepted: 5 JUN 2001
- Manuscript Revised: 31 MAY 2001
- Manuscript Received: 4 APR 1999
This study used policy capturing to test the ‘figurehead’ assertion that executive pay level contributes to followers' perceptions of a leader's ability. Findings indicated human capital factors including promotion history, degree earned and university prestige all furnished more explanation than pay for CEO ratings. Results challenged the underlying logic of figurehead explanations for executive compensation to the rank and file. Copyright © 2001 John Wiley & Sons, Ltd.