Date of Award
2024-05-01
Degree Name
Doctor of Philosophy
Department
Business Administration
Advisor(s)
Adam Esplin
Abstract
This paper examines the effect that local religiosity has on executive compensation tournaments. The main finding suggests that a higher degree of local religiosity significantly reduces the magnitude of executive compensation tournaments. Subsample analyses involving the majority religious group of Christianity show that a higher local presence of Protestants relative to Catholics and other non-religious population heightens the negative effect of community-level religiosity on the magnitude of executive compensation tournaments. Additional subsample analyses involving the minority religious denominations also show that the effect of overall community religiosity is not solely driven by the different sects within the Christian denomination. Minority religious denominations as a composite group also appear to have a reasonably strong influence on reducing the magnitude of executive compensation tournaments similar to the Christian denomination. The main findings hold across multiple robustness tests and suggest that community religiosity is an essential determinant of executive compensation tournaments' magnitude. Overall, the study attests to the positive value implications of religiosity on the equitable and fair distribution of wealth and other organizational or institutional resources.
Language
en
Provenance
Received from ProQuest
Copyright Date
2024-05
File Size
98 p.
File Format
application/pdf
Rights Holder
Toufiq Nazrul
Recommended Citation
Nazrul, Toufiq, "Religiosity And Executive Compensation Tournaments" (2024). Open Access Theses & Dissertations. 4126.
https://scholarworks.utep.edu/open_etd/4126