search query: @author Porac, J. / total: 3
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Author:Porac, J.
Wade, J.
Pollock, T.
Title:Industry categories and the politics of the comparable firm in CEO compensation
Journal:Administrative Science Quarterly
1999 : MAR, VOL. 44:1, p. 112-144
Index terms:INDUSTRIES
POLITICS
COMPANIES
Language:eng
Abstract:The authors examine the blending of informational and political forces in the organizational categorizations in the context of chief executive officer (CEO) compensation. By law, corporate boards are required to provide shareholders with annual justifications for their CEO pay allocations that contain an explicit performance comparison with a set of peer companies that are selected by the board. The authors collected and analyzed information on the industry membership of chosen peers from a 1993 sample of 280 members of the Standard and Poor's (S&P) 500.
SCIMA record nr: 199303
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