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Title: A Resource-Based Look at Compensation Strategy: Application and Implementation of Competitive Advantage

Authors: James A. Carey

Addresses: Author address listing can be found in the "About the Authors" section at the end of the article.

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.

Keywords: Compensation strategy; competitive advantage; resource-based view; salary cap; national football league.

DOI: 10.1504/JBM.2008.141164

Journal of Business and Management, 2008 Vol.14 No.2, pp.131 - 147

Published online: 05 Sep 2024 *