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- Title
A Resource-Based Look at Compensation Strategy: Application and Implementation of Competitive Advantage.
- Authors
Carey, James A.
- Abstract
While resource-based views of the firm implicitly assume heterogeneity with respect to resource endowments and the efficacy of firms to acquire additional resources, competing firms can still produce competitive advantage when such differences are negated by industrial policy. This study examines salary and performance data over a ten-year period and integrated theory and application of compensation policy on competitive advantage within the National Football League. Path analysis is used to examine a model of league salary cap components and reveals that strategic management of specific components of this compensation system does result in more team wins.
- Subjects
COMPENSATION management; COMPETITIVE advantage in business; STATISTICAL analysis in sports; NATIONAL Football League; STRATEGIC planning; PATH analysis (Statistics); FINANCE
- Publication
Journal of Business & Management, 2008, Vol 14, Issue 2, p131
- ISSN
1535-668X
- Publication type
Article
- DOI
10.1504/jbm.2008.141164