Path Coefficient

Significance

Research ® Sales Growth

46.9^**

SalesGrowth ® Salary

0.52

SalesGrowth ® Options

0.46

SalesGrowth ® Compensation

0.86

Research ® Stock Returns

0.09^**

StockReturns ® Salary

0.79

StockReturns ® Options

0.30

StockReturns ® Compensation

0.48

Cost of Goods Sold ® Operating Income

−0.01

Operating Income ® Net Income

−0.05

Net Income ® Salary

13.45^***

Net Income ® Options

76.32^***

Net Income ® Compensation

30.90^***