Executive Compensation and Shareholder Value

Name: Executive Compensation and Shareholder Value
Author: Jennifer Carpenter

Theory and Evidence

Gebonden Engels 1998 1998e druk 9780792381792

180,99

In winkelwagen

Verwachte levertijd ongeveer 9 werkdagen

Samenvatting

Executive compensation has gained widespread public attention in recent years, with the pay of top U.S. executives reaching unprecedented levels compared either with past levels, with the remuneration of top executives in other countries, or with the wages and salaries of typical employees. The extraordinary levels of executive compensation have been achieved at a time when U.S. public companies have realized substantial gains in stock market value. Many have cited this as evidence that U.S. executive compensation works well, rewarding managers who make difficult decisions that lead to higher shareholder values, while others have argued that the overly generous salaries and benefits bear little relation to company performance. Recent conceptual and empirical research permits for the first time a truly rigorous debate on these and related issues, which is the subject of this volume.

Specificaties

ISBN13:9780792381792

Taal:Engels

Bindwijze:gebonden

Aantal pagina's:159

Uitgever:Springer US

Druk:1998

Hoofdrubriek:Financieel management, Financieel management

Serie:The New York University Salomon Center Series on Financial Markets and Institutions

Lezersrecensies

Wees de eerste die een lezersrecensie schrijft!

Schrijf een recensie

Uw cijfer

?

Log in om te stemmen

Inhoudsopgave

Introduction; J. Carpenter, D. Yermack. Part I:- 1. Top Executive Incentives in Germany, Japan and the U.S.: A Comparison; S.N. Kaplan. 2. Corporate Governance, Executive Pay and Performance in Europe; M.J. Conyon, J. Schwalbach. 3. A Better Way to Pay CEOs? B.J. Hall. 4. Discussion: The Winner-Takes-All: An Alternative View of CEO Incentives; T.T. Milbourn. Part II:- 5. Dual Agency: Corporate Boards with Reciprocally Interlocking Relationships; K.F. Hallock. 6. Discussion; A.H. Rosenbloom. Part III:- 7. The Rise and Fall of Executive Share Options in Britain; B.G.M. Main. 8. Patterns of Employee Stock Option Exercises in the United States; S. Huddart. 9. Discussion; S. Matsunaga. 10. Discussion; J. Samuels.