Explaining Executive Pay

The roles of managerial power and complexity

Paperback Engels 2006 2006e druk 9783835005617
Verwachte levertijd ongeveer 9 werkdagen

Samenvatting

Lukas Hengartner shows that both firm complexity and managerial power are associated with higher pay levels. This suggests that top managers are paid for the complexity of their job and that more powerful top managers receive pay in excess of the level that would be optimal for shareholders.

Specificaties

ISBN13:9783835005617
Taal:Engels
Bindwijze:paperback
Aantal pagina's:207
Druk:2006

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Inhoudsopgave

The compansation setting process

Research review on executive pay

Research review on director pay

Are executives paid for the complexity of the job they have?

Can powerful managers extract rents?

Research methods and results

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        Explaining Executive Pay