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Performance Pay and Corporate Structure in UK Firms

Conyon, Martin and Peck, S and Read, L (2001) Performance Pay and Corporate Structure in UK Firms. European Management Journal, 19 (1). pp. 73-82.

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Abstract

This paper documents the incidence of modern pay practices in UK companies. In particular we show that share-based compensation schemes have grown in popularity and are now in operation in half our sample of companies. The results also reveal three quarters of companies operating individual performance related pay schemes and a large growth in the incidence of skill and team-based pay. We combine this analysis with results showing that, despite some theoretical reasons for thinking otherwise, large firms are more likely to adopt these modern pay practices, and show that such adoption is also linked with significant organisational design change through delayering.

Item Type: Article
Journal or Publication Title: European Management Journal
Uncontrolled Keywords: Pay practices ; Share-based compensation ; Organisational design
Subjects: H Social Sciences > HF Commerce > HF5601 Accounting
Departments: Lancaster University Management School > Accounting & Finance
ID Code: 53990
Deposited By: ep_importer_pure
Deposited On: 26 Jun 2012 11:01
Refereed?: Yes
Published?: Published
Last Modified: 26 Jul 2012 20:20
Identification Number:
URI: http://eprints.lancs.ac.uk/id/eprint/53990

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