search query: @author Ingham, H. / total: 7
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Author: | Ingham, H. Thompson, S. |
Title: | Executive compensation and deregulation in UK building societies |
Journal: | Accounting and Business Research
1993 : VOL. 23:91A, p. 373-383 |
Index terms: | UNITED KINGDOM COMPENSATION DEREGULATION |
Language: | eng |
Abstract: | The authors examine executive compensation in UK building societies in two differing regulatory regimes: (a) in a weakly competitive environment, and (b) in conditions of increased competition. The results show that the change in regulation did affect the manner in which CEOs in building societies were remunerated. In particular, when there is little external competition, profitability does not positively influence compensation. However, when this external competition increases, improvements in profitability lead to subsequent increases in CEO remuneration. |
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