本研究主要目的為探討經理人薪酬與通用管理能力之間的關聯性。樣本擷取至2012-2014年間台灣經濟新報資料庫中的台灣100公司，總筆數為257筆觀察值。並透過主成分分析法，以經理人過去的工作經驗為依據，建立出新變數(通用能力指數)作為衡量經理人通用能力的指標。實證結果顯示，通才型的經理人比起專才型的經理人可以獲得較高的薪酬。

The objective of this study is to examine the relation between CEO total pay and general managerial ability. I study a sample of 257 firm-year observations listed on Taiwan Stock Exchange during the period January 1, 2012 to December 31, 2014 from TEJ database. I create an index (the General Ability Index) to measure CEO’s general managerial ability based on CEO’s past work experience (prior to his current position), including mobility across positions, firms and industries and position experience as CEO. I find that CEOs who are one standard deviation higher in the General Ability Index earn 6% higher in annual pay. This result suggests that generalist CEOs can get higher pays relative to specialist CEOs.

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