What is it about?
Evidence confirms the influence of the americanization of CEO pay in Europe but we still don´t know if this can be influenced by non-american exposure. This article confirms the influence of international non US ownership and foreign sales on the level of CEO pay in Spain
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Why is it important?
The Spanish context provides a unique example of an economy that has undergone important institutional changes in a short span. From a dictatorship in 1976 to an important member of the EU today. We show how the americanization of executive compensation has probably now been assimilated by international non US investors.
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This page is a summary of: The influence of foreignness on CEO pay, Management Research The Journal of the Iberoamerican Academy of Management, September 2024, Emerald,
DOI: 10.1108/mrjiam-03-2024-1526.
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