search query: @journal_id 1345 / total: 264
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| Author: | Tosi, H. |
| Title: | How much does performance matter? A meta-analysis of CEO pay studies |
| Journal: | Journal of Management
2000 : VOL. 26:2, p. 301-340 |
| Index terms: | PRICING FINANCIAL PERFORMANCE EMPIRICAL RESEARCH |
| Language: | eng |
| Abstract: | Through a meta-analytic review of the empirical literature on the determinants of CEO pay, this study tests the hypothesized relationships between firm size, performance, and CEO pay. The authors show that firm size accounts for more than 40% of the variance in total CEO pay, while firm performance accounts for less than 5% of the variance. The authors also show that pay sensitivities are relatively similar for both changes in size and changes in financial performance. |
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