Executive compensation and corporate prestige: a systematic literature review





Executive compensation, Corporate prestige, Systematic literature review


Purpose: This study aims to analyze the relationship between executive compensation and corporate prestige based on scientific literature.
Methodology: We systematically organized and analyzed peer-reviewed journals from 1960 to 2021 to assess the academic progression in executive compensation and corporate prestige. We analyzed 59 articles from the Web of Science Core Collection and Scopus databases. 
Findings: We identified an increase in the rate of publications per year on this topic. The synthesis of the literature reveals that, fundamentally, the United States carried out the studies. Results also show that there is little relationship between researchers, and, finally, we identified a gap in the literature as most studies on executive compensation do not consider corporate prestige, performance, and compensation together. 
Originality/Value: This study is a pioneer in undertaking a systematic literature review considering the interconnection between compensation and prestige. The contributions of this study consist of identifying and systematizing knowledge and deriving the research gap and future research, which is helpful for academics and practitioners to understand executive compensation and corporate prestige as the data reveal a field of study to be considered and analyzed.


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Author Biographies

Vanessa Rabelo Dutra, Universidade Federal do Pampa

She holds a PhD in Administration from the Federal University of Santa Maria (2020), a master's degree in Administration from the Federal University of Santa Maria (2007), a specialist degree in financial administration from the Federal University of Rio Grande do Sul (2005) and an undergraduate degree in Administration from the Federal University of Santa Maria (2003). She was pro-dean of Planning, Development and Evaluation at the Federal University of Pampa. She is currently a professor at the Federal University of Pampa in the Administration Course and in the Postgraduate Program in Administration (PPGA/UNPAMPA). Her main areas of expertise are corporate finance and corporate governance.

Wesley Vieira da Silva, Universidade Federal de Alagoas

He has a degree in Economics from the Federal University of Alagoas (1996), a Master's degree (1999) and a PhD (2002) in Production Engineering from the Federal University of Santa Catarina. He has been a CNPq Research Productivity Fellow for over 20 years (Level 1D). He works in the broad areas of Business Administration, Economics, Accounting and Production Engineering, with an emphasis on the following subjects: Quantitative Methods Applied to Finance and Decision-Making Processes. He held the position of Coordinator of the Master's/Doctorate in Administration at the Pontifical Catholic University of Paraná from February 2010 to February 2017, as well as coordinating the Professional Master's in Public Administration in Networks (PROFIAP/UFAL) in 2021. He served on the Scientific Committee of the Twelfth Portuguese Financial Network Conference Madeira (12 PFN) held on Madeira Island in Portugal. He was a permanent professor on the academic master's degree in Administration at the Federal Rural University of the Semi-Arid (UFERSA) from 2019 to 2023, as well as being a permanent professor on the professional master's degree in Public Administration in Networks (PROFIAP/Alagoas) from 2020 to 2023. He is currently Research Coordinator at the Faculty of Economics, Administration and Accounting (FEAC). He is the leader of the research group on Decision Processes (PD), certified by CNPq at UFAL and is a permanent professor of the Academic Master's Degree in Economics at UFAL. ResearcherID: X-1739-2019; index-h SCOPUS = 9; index-h Scholar Google = 24 (2,431 citations); ResearchGate Score (2023): Index-h = 17 (1,253 citations).

Paulo Sergio Ceretta, Universidade Federal de Santa Maria

He has a degree in Business Administration from the Federal University of Santa Maria (1992), a master's degree in Production Engineering from the Federal University of Santa Maria (1995) and a doctorate in Production Engineering from the Federal University of Santa Catarina (2001). He is currently a professor at the Federal University of Santa Maria. He has experience in Business Administration, with an emphasis on Financial Administration, working mainly on the following subjects: performance evaluation, cost management, finance, management control and the stock market.

Aliki Karagrigoriou Galanos, Universidade Federal do Pampa

She holds a degree in Business Administration from the Federal University of Pampa (2021/02) with a specialization in Finance and Accounting from Harvard Business School Online (2023/01). She is currently a master's student in administration at the Federal University of Pampa.


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How to Cite

Dutra, V. R., Silva, W. V. da, Ceretta, P. S., & Galanos, A. K. (2024). Executive compensation and corporate prestige: a systematic literature review. Revista De Administração Da UFSM, 17(2), e7. https://doi.org/10.5902/1983465986272




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