| dc.description.abstract | The research contemplated the compensation system of executives, an important instrument of management control and corporate governance mechanism. Its objective was to analyze the relationship between executive compensation, dynamic tensions, innovation, and organizational performance. It was a quantitative research which used primary data obtained through surveys and secondary data of 200 companies acting in Brazil and listed on the Brazilian Stock Exchange (B3). We used descriptive statistics, structural equation modeling based on variance with Partial Least Squares (PLS) estimation to test the research hypotheses and the cluster analysis with three clusters to analyze the adjustments between the use and the design of the executive compensation systems, the technological innovation and its dynamic tensions, which provide a higher perception of organizational performance. The results indicated that the dynamic control tension, resulting from the product of the averages of the diagnostic and interactive uses of executive compensation is positively related to the dynamic tensions of innovation and indirectly related to performance through technological innovation. It was found that the compensation package is indirectly related to organizational performance through technological innovation. It was also verified that technological innovation fits positively with organizational performance. It was not possible to validate the hypotheses which state that dynamic innovation tensions are related to organizational development and that dynamic control tension moderates the relation between the dynamic innovation tensions and organizational development. Through a cluster analysis, it was found that the greatest performance was reached by the cluster of companies that obtained the highest statistically meaningful averages and differences for the interactive use of the executive compensation system, of the compensation package, technological innovation and dynamic innovation tensions. It was concluded that the compensation system of executives, through its interactive use and diagnostic, as well as the compensation package, promote technological innovation and provide greater performance. | en |
